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Cabinet approved the new mechanism to speed up strategic disinvestment
August 18 , 2017
2687 days
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- To accelerate strategic disinvestments in central public sector enterprises (CPSEs)
- The Cabinet Committee on Economic Affairs has recently approved the proposal of setting up a Ministerial Group to decide on the details of strategic disinvestment of Public sector firms.
- The proposal was given by the Department of Investment and Public Asset Management (DIPAM).
- The empowered ministerial group is led by Finance Minister and members include Minister for Road Transport, Minister of Administrative Department.
- The approval will help in speedy completion of strategic disinvestment transactions.
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