HomeNewsTrendsCurrent AffairsNiti to soon forward 3rd list of sick CPSEs to PMO

Niti to soon forward 3rd list of sick CPSEs to PMO

Niti Aayog will soon send to the Prime Minister's Office (PMO) the third list of sick Central Public Sector Enterprises (CPSEs) which will be privatised, a top government official said today.

April 21, 2017 / 22:37 IST
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    Niti Aayog will soon send to the Prime Minister's Office (PMO) the third list of sick Central Public Sector Enterprises (CPSEs) which will be privatised, a top government official said today.

    "Also on privatisation, we were appointed by the prime minister to identify sick CPSEs for strategic disinvestment. We have identified several sick CPSEs...Third list is about to go from Niti Aayog of the sick CPSE units that are going to be privatised," Niti Aayog vice chairman Arvind Panagariya said at an event here.

    Last year, the Niti Aayog in two tranches had recommended strategic sale of 15 CPSEs, three units of SAIL and one unit of National Mineral Development Corporation (NMDC).

    For the next financial year, the government has budgeted to raise Rs 72,500 crore through disinvestment in CPSEs, of which Rs 15,000 crore is to come from strategic sale.

    first published: Apr 21, 2017 09:07 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347