Breaking the Impasse on Strategic Disinvestment and Privatization

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In The Media

Carnegie India

Breaking the Impasse on Strategic Disinvestment and Privatization

In early 2016, the Indian government announced that it would start strategic disinvestment of central public sector enterprises (CPSEs).

By Suyash Rai

Published on Nov 22, 2019

Source: Hindustan Times

The Cabinet Committee on Economic Affairs (CCEA) has given an in-principle approval for strategic disinvestment of Bharat Petroleum Corporation Limited (BPCL), Shipping Corporation of India (SCI), and Container Corporation of India (CCI), and for sale of two power sector enterprises to National Thermal Power Corporation.

In early 2016, the government announced that it would start strategic disinvestment of central public sector enterprises (CPSEs). The CCEA had approved 28 CPSEs for this purpose. Five transactions were completed, but all these were sales of CPSEs to other CPSEs.

Read the Full Text

This article was originally published in the Hindustan Times.

About the Author

Suyash Rai

Former Fellow, Carnegie India

Suyash Rai was a fellow at Carnegie India. His research focuses on the political economy of economic reforms, and the performance of public institutions in India.

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Carnegie India does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.

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