Telecom may be first strategic sector to be picked up for privatisation

According to the centre's PSE policy announced in 2021, the government aims to maintain 'bare minimum' presence in strategic sectors that include energy, telecom, power, banks, and minerals.

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Even as the centre was considering to launch the initial public offering (IPO) of Telecommunications Consultants India (TCIL), it may consider privatisation of the public sector undertaking (PSU) which is involved in consultancy services, and already

Nikunj Ohri New Delhi

3 min read Last Updated : Sep 27 2022 | 11:59 PM IST

Telecommunications (telecom) may be the first strategic sector to be shortlisted for privatisation under the new Public Sector Enterprises (PSE) Policy, 2021, since a series of meetings have been held to discuss recommendations made by the NITI Aayog, an official told Business Standard.

Even as the Centre was considering launching the initial public offering of the Telecommunications Consultants India (TCIL), it may now consider privatisating the public sector undertaking (PSU) involved in consultancy services and working closely with the private sector, said another official.

TCIL provides consultancy services to domestic and global organisations, and has tie-ups with private players.