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Niti to soon forward 3rd list of sick CPSEs to PMO

Press Trust of India  |  New Delhi 

Niti Aayog will soon send to the Prime Minister's Office (PMO) the third list of sick Central Public Sector Enterprises (CPSEs) which will be privatised, a top official said today.

"Also on privatisation, we were appointed by the prime minister to identify sick CPSEs for strategic disinvestment. We have identified several sick CPSEs...Third list is about to go from Niti Aayog of the sick CPSE units that are going to be privatised," Niti Aayog vice chairman Panagariya said at an event here.

Last year, the Niti Aayog in two tranches had recommended strategic sale of 15 CPSEs, three units of SAIL and one unit of National Mineral Development Corporation (NMDC).

For the next financial year, the has budgeted to raise Rs 72,500 crore through disinvestment in CPSEs, of which Rs 15,000 crore is to come from strategic sale.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, April 21 2017. 21:13 IST