Government To Implement Disinvestment Panel Report

The government has decided to implement the recommendations of the disinvestment commission and its report would be processed expeditiously, official sources said yesterday.

The decision was taken at a meeting of the cabinet committee on economic affairs (CCEA) yesterday evening, the sources said, adding that disinvestments of over Rs 500 crore and above would be considered and a mechanism would soon be evolved to process the report.

While the government will implement the recommendations wherever appropriate, in the case of large disinvestments, the core group of secretaries headed by the cabinet secretary would function as the empowered group for vetting the recommendations, they said.

 

The disinvestment commission had identified 15 enterprises for disinvestment worth Rs 900 crore.

The Union government had referred 40 undertakings for examination by the disinvestment commission.

The cabinet committee on infrastructure yesterday approved the proposal for levy of toll on national highways.

The road sector was thrown open to the private sector with a view to raise resources for the improvement of national highways.

The third report of the Divestment Commission had expressed concern over non-implementation of its earlier report.