What is the News? The government of India is set to approve several changes in the privatisation process for companies in non-strategic sectors. Background Recently, the Government of India has released a new ‘Public Sector Enterprise Policy’. The policy classifies public sector commercial enterprises into strategic and non-strategic sectors. In the strategic sectors, there would… Continue reading Centre set to rejig privatisation process for non-strategic sectors
Tag: disinvestment
Centre plans to give some strategic disinvestment powers to DPE
What is the news? The central government has decided to give some powers in the strategic disinvestment process to the Department of Public Enterprise (DPE). This department has been brought under the Ministry of finance. How does the current disinvestment process work? As per the current process, NITI Aayog identifies companies for disinvestment. This proposal… Continue reading Centre plans to give some strategic disinvestment powers to DPE
After selling the Maharajah
News: The gains from the sale of Air India would be incomplete if follow-up steps are not taken to reorganise the civil aviation ministry. Reforms of this ministry are long overdue, and the Air India sale should expedite such a decision. Contents1 What does the Union civil aviation ministry do?2 Why downsizing of civil aviation… Continue reading After selling the Maharajah
Privatisation is far more difficult than consolidation
Synopsis: The government is looking to privatise the PSBs for strengthening the banking sector. But the Privatisation of PSBs is a complex one. Contents1 Introduction2 About the consolidation of Banks3 What powers does the government enjoy with PSBs?4 Is divestment of PSB can lead to Privatisation of PSB?5 What are the challenges in Privatising PSBs? Introduction… Continue reading Privatisation is far more difficult than consolidation
Privatisation of Air India – Explained, pointwise
For 7PM Editorial Archives click HERE → Contents1 Introduction2 Why government took the decision to privatise Air India?3 What are the terms of the deal?4 The story of Air India’s privatisation and what led to its collapse?5 What is the global scenario?6 What are some post-privatisation challenges?7 What are the potential implications/impacts of the privatisation of Air India?8 What… Continue reading Privatisation of Air India – Explained, pointwise
Cabinet approves strategic disinvestment of BPCL,4 other PSUs
News:Union Cabinet chaired by the Prime Minister has approved the strategic disinvestment of BPCL and four other Public Sector Units(PSUs). Facts: About the units for disinvestment:The Public Sector Units approved for strategic disinvestment are Bharat Petroleum Corp Ltd (BPCL).The Numaligarh Refinery Limited operating under BPCL is excluded. Shipping Corporation of India (SCI) Container Corporation of… Continue reading Cabinet approves strategic disinvestment of BPCL,4 other PSUs
Cabinet approves new strategic disinvestment process
News:Union Cabinet has approved a new process of strategic disinvestment with a view to expediting privatization of select PSUs. Facts: What are the new changes? Under the new policy, the Department of Investment and Public Asset Management (DIPAM) under the Ministry of Finance has been made the nodal department for the strategic disinvestment sale. Currently,… Continue reading Cabinet approves new strategic disinvestment process
‘FPI tax issues put divestment at risk’
The government may miss its disinvestment target of ₹1.05 lakh crore that has been set for the current financial year.Disinvestment is defined as the action of an organisation or government selling or liquidating an asset or subsidiary. The target may be missed as foreign portfolio investors(FPIs) could stay away from such share sales if the… Continue reading ‘FPI tax issues put divestment at risk’
Govt. must reduce borrowing by divesting stake in PSEs: Acharya
According to Reserve Bank of India Deputy Governor,an increase in government borrowing runs the risk of flooding the debt market which will make it expensive for companies to borrow. He said that the disinvestment in public sector enterprises(PSEs) would help in alleviating the effects of the government’s borrowing in the country. He also said serious… Continue reading Govt. must reduce borrowing by divesting stake in PSEs: Acharya
Centre raises over Rs 10,000 crore on net basis via CPSE ETF
The Central Government has raised over Rs 10,000 crore on a net basis from the 5th further fund offer(FFO) of the Central Public Sector Enterprises(CPSE) Exchange Traded Fund(ETF). The government aims to raise Rs 1.05 lakh crore through disinvestment in 2019-20 up from Rs 85,000 crore raised last fiscal.Disinvestment is defined as the action of… Continue reading Centre raises over Rs 10,000 crore on net basis via CPSE ETF
