Sick PSUs

This move is different from privatisation as the Centre will continue to hold a majority stake in these companies and they will still be classified as public sector enterprises

The government has set a target of raising Rs 800 bn in 2018-19 by selling stake in state-owned firms, with strategic divestment of 24 CPSEs on the cards

Dipam has entered into discussions with Sebi over hurdles in bringing down its stake in some companies, particularly non-profitable PSUs