Cabinet approves procedure and mechanism for Strategic Disinvestment of the CPSEs – delegation thereof

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Cabinet approves procedure and mechanism for Strategic Disinvestment of the CPSEs – delegation thereof
News and Press Release
Dated:- 7-3-2019

The Cabinet Committee on Economic Affairs c .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... haired by the Prime Minister has approved delegation of the following to Alternative Mechanism in all the cases of Strategic Disinvestment of CPSEs where CCEA has given 'in principle' approval for .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... strategic disinvestment: (i) The quantum of shares to be transacted, mode of sale and final pricing of the transaction or lay down the principles/ guidelines for such pricing; and the selection of .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... strategic partner/ buyer; terms and conditions of sale; and (ii) To decide on the proposals of CGD with regard the timing, price, the terms & conditions of sale, and any other related issue to the t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ransaction. This will facilitate quick decision-making and obviate the need for multiple instances of approval by CCEA for the same CPSE.
News - Press release - PIB .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X