One of the biggest announcements in the Union Budget presented on Monday was the policy on strategic disinvestment of central public sector enterprises (CPSEs). This would, among other things, give a big push to the overall economic reforms agenda.
Finance Minister Nirmala Sitharaman had announced last year that the government would come up with such a policy, which was cleared by the Cabinet recently. The new policy provides a clear road map for CPSEs, the objective being minimising their presence, and creating more space for the private sector. In this context, the government has ...
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