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PSE PRIVATISATION
Parliament panel seeks swift rollout of new PSE PolicyA parliamentary panel is pushing for the immediate rollout of the new Public Sector Enterprise Policy. This policy aims to improve governme...- Time to polish our public sector ratnas: Creating an Indian sovereign wealth fund to recast jewelsIn May 2020, as part of the Atmanirbhar Bharat package, the Indian government unveiled a bold new Public Sector Enterprise (PSE) policy.
- Budget 2024 Expectations: Is Modi’s 2024 budget set to usher in a new wave of bank privatisation?Budget 2024 Privatisation of Banks: The NDA government is expected to continue its privatisation agenda in their third term, aiming to sell...
- Pakistan's public sector enterprises suffocate under mounting PKR 1.7 trillion debtDespite a substantial loan from the Asian Development Bank (ADB) aimed at bolstering reforms, the cumulative debt of PSEs has soared to PKR...
- Get ready for an era of growth-fuelling reforms: Arvind Panagariya, Chairman, 16th Finance CommissionWith the recognition growing that import substitution through increased tariffs and production subsidies has not been able to produce a sig...
- Union Budget 2023-24: Divestment target pegged at Rs 51,000 croreThe Indian government expects to raise Rs 51,000 crore from stake sales in various state-run companies, budget documents released on Wednes...
- Disinvestment proceeds of Rs 4.07 lakh cr realised in last 9 years: Economic Survey"During FY15 to FY23 (as of 18 January 2023), an amount of about Rs 4.07 lakh crore has been realised as proceeds from disinvestment throug...
- Finmin bars CPSEs from buying state-owned companiesStating that transfer of management control from the government to any other government organisation or state government may continue the "...
- Banking sector to see significant reforms in 2022; privatisation, IDBI Bank disinvestment on agendaPursuant to the government's 4Rs strategy of Recognition, Resolution, Recapitalisation and Reforms, Non-Performing Assets (NPAs) of the ban...
- Privatisation: Changing tracks aided Air India, derailed BPCL saleThe biggest achievement of circa 2021 was shedding of the taboo that 'family silver' was being sold. Privatisation helps save taxpayers mon...
- Finance Ministry to seek Cabinet nod for setting up company to monetise land assets of privatisation-bound CPSEsA special purpose vehicle (SPV) in the form of a company would be set up to hold these assets which would be monetised to fetch value to th...
- New PSE policy a 1991 moment: DIPAM Secy Tuhin Kanta PandeyThe PSE policy underscores the same approach of not letting the government be in business, he said, adding that it was a matter of time bef...
- Privatisation of CPSEs during recession time a horrible idea: SenThe govt has budgeted Rs 1.75 lakh crore from stake sale in public sector companies and financial institutions, including two public sector...
- Major port trusts, AAI out of the scope of PSE strategic divestment policyThe new Public Sector Enterprise (PSE) policy for Aatmanirbhar Bharat, which classifies public sector commercial enterprises as strategic a...
- Union Budget 2021 may unveil PSE privatisation policyThe Budget for the fiscal beginning April 1 is likely to identify the strategic sectors PSUs where the government would like to retain its ...
- Cabinet Committee of Economic Affairs clears public sector enterprises policy: SourcesThe government had first mooted an overhauled PSE policy in the Aatmanirbhar Bharat Abhiyan mid last year, which aims to keep not more than...
- Departing from the past: Cabinet may soon consider big bang privatisation policyThe Department of Investment and Public Asset Management (Dipam) is expected to shortly finalise a draft that will designate various sector...
- Privatisation will bring ground level benefits in the economy, induce growth: DIPAM secretaryGovt will need to have a deeper engagement with investors on strategic divestment, which has taken a back seat due to travel restrictions i...
- Push for infrastructure, privatisation to revive India's growth: Tarun Bajaj, Economic Affairs SecretaryMeasures such as e-way bills, GST collections and exports were on the rebound with lockdown ease.
- Government to privatise non-strategic PSUs: FM Nirmala SitharamanList of strategic sectors requiring presence of public sector undertakings (PSUs) in public interest will be notified, she said while annou...
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