x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   Lights, Luxury and Lost value: The Commercial Takeover of Diwali | Best Minds Spend their Youth Memorising Rather Than Innovating | Beware Of Deceptions | Exposition of holy relics deepened spiritual connect between India and Russia: LG Sinha | Cong’s decision not to contest Nagrota bypoll sparks unease in coalition | NC never wanted to fight on 2 seats: Omar | NC, PDP, BJP candidates file nominations | NC hints at ‘many surprises’ in RS elections | CM Omar extends Diwali greetings | Exceptional coordination brought Pak to its knees: PM Modi | Ashwini Vaishnaw reviews passenger movements | Court sentences man to 20 years in POCSO case involving 12-yr old girl | Indian Army celebrates Diwali with Zeal at LoC posts in Kupwara | Dr Satya Priya from University of Jammu Presents Research Paper at Global Sanskrit Conference in Bali | LoP Sunil Sharma Asserts: "We Will Never Form Govt with NC Nor Do We Need To" | DC Ramban convenes mega public outreach camp at Sangaldan | District Cycling Competition held at Samba | J&K Bypolls: NC fields DDC member as Cong leaves Nagrota to realise 'Larger Goal' of defeating BJP | Director School Education, Jammu extends Diwali greetings | NC Deceived J&K People, Voters Looking For Alternatives: LoP Sharma In Budgam | Sagar chairs Block Khanyar meeting at Nawa E Subah | DC Rajouri inaugurates Badminton Court at Sports Stadium Kheora | Rupee rises 9 paise to close at 87.93 against US dollar | "Ek Shaam Buzurgon Ke Naam" brings festive cheer, cultural harmony at Home for Aged & Infirm | PEC confers honorary doctor of Science upon RK Tyagi | JKNC candidate Shamim Begum files nomination for 77- Nagrota Assembly segment | DSS holds Shardhanjali Meet for Th Gulchain Singh Charak | Director Agriculture reviews eepartmental activities at Billawar | Indian Army spreads Diwali cheer at Palash Orphanage, Naushera | Indian Army inspires festivity with distribution of sports equipment to locals | Indian Army Enhances Civil-Military Relations with Gujjar & Bakkarwal Communities | Back Issues  
 
news details
'Govt working to cut stake to below 51% yet retain control of CPSEs'
10/13/2019 11:38:02 PM

Agencies

New Delhi, Oct 13: The government is working on enabling provisions to reduce its stake to less than 51 per cent and yet retain control of the Central Public Sector Enterprises (CPSEs) in non-priority and non-strategic sectors.
Proposed in this year's Budget, the provisions will be placed before the Cabinet for approval. Finance Minister Nirmala Sitharaman has already said the government will modify its current policy of retaining 51 per cent stake in PSUs, but will maintain a controlling stake.
"The government is looking for potential strategic stake sales in the non-priority sector and an enabling provision is being worked out through which it can reduce its stake below 51 per cent and still retail control of PSUs," sources said.
"The plan is to bring down government holdings in PSUs on a case to case basis. So the definition of 'government-owned' will be revised and enabling provisions will have to be inserted for the CPSEs in question," sources added.
"Apart from this, some sensitive issues such as reservation policy in PSUs, also need to be reworked as once the government cedes direct control, such policies may be diluted," they added.
DIPAM or the Disinvestment Department has started consultations with the Niti Aayog and select 10-12 PSUs to bring down the government's holdings below 51 per cent. But these 10-12 PSUs will not be considered for the current fiscal and be under the oversight of agencies like the Central Vigilance Commission (CVC) and the Comptroller and Auditor General of India (CAG).
  Share This News with Your Friends on Social Network  
  Comment on this Story  
 
 
 
Early Times Android App
STOCK UPDATE
 
 
 
 
 
 
 
   
Home About Us Top Stories Local News National News Sports News Opinion Editorial ET Cetra Advertise with Us ET E-paper
 
 
J&K RELATED WEBSITES
J&K Govt. Official website
Jammu Kashmir Tourism
JKTDC
Mata Vaishnodevi Shrine Board
Shri Amarnath Ji Shrine Board
Shri Shiv Khori Shrine Board
UTILITY
Train Enquiry
IRCTC
Matavaishnodevi
BSNL
Jammu Kashmir Bank
State Bank of India
PUBLIC INTEREST
Passport Department
Income Tax Department
JK CAMPA
JK GAD
IT Education
Web Site Design Services
EDUCATION
Jammu University
Jammu University Results
JKBOSE
Kashmir University
IGNOU Jammu Center
SMVDU