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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 by
Hindustan Times
 on November 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.

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This article was originally published in the Hindustan Times.

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