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Govt to completely exit erstwhile PSUs
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Govt to completely exit erstwhile PSUs
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Recently in the budget speech delivered by the Finance Minister
for 2021-22, the Government announced a new policy on Disinvestment
which marked a significant shift from the position that has
prevailed thus far. The policy statement made a distinction
between sectors that are “strategic” and
“non-strategic” from the Government s
perspective.
The following sectors were identified in the policy statement as
“strategic” sectors: (a) atomic energy, space and
defense, (b) transport and telecommunications, (c) power,
petroleum, coal and other minerals, and (d) banking, insurance and