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The finance ministry informed the Parliament that profit or loss of a state-run company is not among the relevant criteria for its privatisation or disinvestment policy but its based on the economic principle that the government should discontinue in sectors where competitive markets have come of age. The strategic disinvestment or privatisation is carried out through an “open, transparent and competitive” bidding process, it said ....

Pankaj Chaudhary , Rajya Sabha , Divestment News , Psu Divestment , Psu Stake Sale ,