23 PSUs Disinvestment List

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23 PSUs Disinvestment List

With a clear intent to make the PSU sector lean and thin, the Centre is working to complete the disinvestment of 23 PSUs, said Finance Minister Nirmala Sitharaman. While speaking to Hero Enterprise Chairman Sunil Kant Munjal, the minister said that as part of the Aatmanirbhar Bharat initiative, the government had announced opening up of all sectors for private participation.

The Finance Minister said that the consolidation of PSUs, as well as scaling up of their operations, is in the offing. She added that the Centre wants to sell a stake in PSUs at a time when it fetches the right price.

She said this would lead to the consolidation of public sector undertakings (PSUs) as well as scaling up of their operations. “There are already nearly 22-23 such PSUs which have been cleared by the Cabinet for disinvestment. The intent is clear that at least for those which had already been cleared by the Cabinet, we will have to disinvest,” Sitharaman said.

PSU disinvestment list: Which are these 23 PSUs?

The statement made by the Finance Minister comes as the government has set for itself a target of raising Rs 2.10 lakh crore through disinvestment. The DIPAM (Department of Investment and Public Asset Management) has already set the ball rolling on the disinvestment process for BPCL, it’s subsidiary NRL, SCI, CONCOR, Air India, LIC, and a bunch of other minority stake sales. The sale THDC and NEEPCO to NTPC Limited has already been concluded in the previous financial year.

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