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TMI BlogPrivatisation of CompaniesX X X X Extracts X X X X X X X X Extracts X X X X ..... Privatisation of Companies X X X X Extracts X X X X X X X X Extracts X X X X ..... Ventures with sale of majority stake and transfer of management control. This was stated by Shri Anurag Singh Thakur, Minister of State for Finance & Corporate Affairs, in a written reply to a quest ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ion in Lok Sabha today. The Government follows a policy of strategic disinvestment of CPSEs, which are not in 'priority sectors'. For this purpose, NITI Aayog has been mandated to identify such CPSEs ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... based on the criteria of (i) National Security; (ii) Sovereign function at arm's length, and (iii) Market Imperfections and Public Purpose. Strategic disinvestment of CPSEs is being guided by the ba ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sic economic principle that Government should discontinue in sectors, where competitive markets have come of age and economic potential of such entities may be better discovered in the hands of strate ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gic investor due to various factors such as infusion of capital, technological upgradation and efficient management practices; and would thus add to the GDP of the country. X X X X Extracts X X X X X X X X Extracts X X X X ..... PIB ..... X X X X Extracts X X X X X X X X Extracts X X X X
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