PSUs in non-strategic sectors to be privatised, says FM Sitharaman

Finance Minister Nirmala Sitharaman on Sunday said a new "coherent" public sector enterprises policy will be formulated that will define strategic sectors which will have not more than four PSUs.

List of strategic sectors requiring presence of public sector undertakings (PSUs) in public interest will be notified, she said while announcing her fifth and final economic stimulus package, news agency PTI reported.

In strategic sectors, at least one enterprise will remain in the public sector but private sector will also be allowed.

In