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Disinvestment: Lessons From The Past And The Road Ahead - Finance and Banking

To print this article, all you need is to be registered or login on Mondaq.com. 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

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