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GoI approves disinvestment of 33 CPSEs

The Government of India has given 'in-principle' approval for strategic disinvestment of 33 CPSEs, Anurag Singh Thakur, Minister of State for Finance & Corporate Affairs told Rajya Sabha. The CPSEs are: Hindustan Petroleum Corporation Ltd, Rural Electrification Corporation Ltd, Hospital Services Consultancy Ltd, National Projects Construction Corporation (NPCC), Dredging Corporation of India, Project &Development India Ltd, Hindustan Prefab Ltd. (HPL), Engineering Projects (India) Ltd, Bridge & Roof Co. India Ltd, Hindustan Newsprint Ltd, Scooters India Ltd, Bharat Pumps and Compressors Ltd, Cement Corporation of India Ltd, Hindustan Fluorocarbon Ltd, Central Electronics Ltd, Bharat Earth Movers Ltd (BEML), Ferro Scrap Nigam Ltd, Nagarnar Steel Plant of NMDC, Alloy Steel Plant, Durgapur; Salem Steel Plant; Bhadrwati units of SAIL M/o Steel, Pawan Hans Ltd, Air India and its five subsidiaries and one JV M/o Civil Aviation, HLL Lifecare, Indian Medicines &Pharmaceutical, Corporation Ltd (IMPCL), Kamarajar Port Limited, Indian Tourism Development Corporation (ITDC), Karnataka Antibiotics and Pharmaceuticals Ltd, Hindustan Antibiotics Ltd, Bengal Chemicals and Pharmaceuticals, Bharat Petroleum Corporation Ltd (except Numaligarh Refinery Limited) & BPCL stake in Numaligarh Refinery Limited, Shipping Corporation of India Ltd, Container Corporation of India Ltd, THDC India Limited and  North Eastern Electric Power Corp. Ltd (NEEPCO).

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