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DIPAM processing non-core asset sale of BEML, Bridge & Roof: Thakur
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Loss making entities may get one last attempt at strategic sale before closure
By
Subhash Narayan ( IANS) |
Published on
Wed, Mar 3 2021 19:36 IST |
2 Views
Rupees.. Image Source: IANS News
New Delhi, March 3 : The government may make one last attempt next fiscal to sell more than two dozen sick and loss making entities that have failed to secure investor interest in earlier rounds of strategic sale. Failing this, these enterprises that have eroded their net worth, would be closed and their assets including land would be sold in parcels.
Sources said that the ministry of heavy industries, that administers several of these sick and loss making entities, will be tasked to provide a revised list of public sector enterprises that can be put up for strategic sale, some for another attempt, to the disinvestment department DIPAM that will chart out the roadmap for their sell off.