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Centre set to rejig privatisation process for non-strategic sectors

Companies in non-strategic sectors would be considered for privatisation, wherever feasible, or else they would be closed

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Illustration: Binay Sinha

Nikunj Ohri New Delhi
The Centre is set to rejig the privatisation process for companies in non-strategic sectors such as steel, tourism, urban development, and healthcare, which have been identified under the new Public Sector Enterprises (PSE) policy for Atmanirbhar Bharat.

The Core Group of Secretaries on Disinvestment (CGD), headed by Cabinet Secretary Rajiv Gauba, has cleared the process, and this would involve the Department of Public Enterprises (DPE) examining non-strategic sectors and identifying PSEs in these areas for privatisation, an official said.

According to the PSE policy, companies in non-strategic sectors would be considered for privatisation, wherever feasible, or else they would be closed.

“In non-strategic