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
Tag: strategic disinvestment
Faltering on privatisation
Synopsis: Despite ambitious disinvestment targets, the pace on this front has ben slow. Govt has tweaked tax laws to change that, but the government needs to approach disinvestment more strategically. Just modifying tax laws would not be enough. Contents1 Introduction 2 What has been the status of disinvestment? 3 What changes have been proposed?4 What are the issues… Continue reading Faltering on privatisation
