New Delhi: Privatisation of central public sector enterprises has not been put on hold, but is not a priority under the government's calibrated approach to disinvestment, said Tuhin Kanta Pandey, secretary of the department of investment and public asset management. The outright focus now is on value creation," Pandey told Mint in an exclusive post-budget interaction in response to a …
Budget 2019 has again put the focus on disinvestment. That said, the best investment bankers would fall short were they to work within the confines of the financial rules and office procedures of India’s government. The overlapping remit of Dipam and administrative ministries controlling different central public sector enterprises and the independent roles of companies and their boards make the …
