Article
Suyash Rai, Anirudh Burman
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Source: Getty
In The Media
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.
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 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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