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    Home»Featured»Govt to come out with a new policy on public sector enterprises soon: FM Sitharaman
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    Govt to come out with a new policy on public sector enterprises soon: FM Sitharaman

    Finance KhabarBy Finance KhabarAugust 1, 2020No Comments1 Min Read
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    New Delhi:Finance Minister Nirmala Sitharaman on Saturday said that the government will soon come out with a policy on new public sector enterprises (PSEs) to define strategic sectors which will not have more than four PSUs.

    As part of the ‘Aatmanirbhar Bharat Abhiyan’, the finance minister had earlier talked about a policy where a maximum of four public sector companies in strategic sectors, and state-owned firms in other segments will eventually be privatised. In other sectors, PSEs will be privatised for which timing to be based on feasibility.

    “We are working on it … it should go to Cabinet soon,” she said in an interaction with media when asked about the strategic sector list. Further, she added that there could be various models to achieve a minimum of four PSUs in case of those falling under the strategic sector. Either they will be merged, or they will be brought together in such a way that there are only four or lesser.

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