Mechanism to be set up for strategic disinvestment of CPSEs

Q.  GoI has approved Department of Investment and Public Asset management proposal for strategic disinvestment of CPSEs. What are CPSEs?
- Published on 02 Mar 16

a. Central Public Sector Entities
b. Central Public Sector Enterprises
c. Central Public Sector Enclave
d. None of the above

ANSWER: Central Public Sector Enterprises
 
GoI has approved Department of Investment and Public Asset Management for laying down the procedure and mechanism for strategic disinvestment of CPSEs or Central Public Sector Enterprises. Previously, strategic disinvestment would be associated with recommendations of the Disinvestment Commission. Government has also approved setting up of CGD or Core Group of Secretaries on Disinvestment under the Cabinet Secretary to implement the CCEA decision. NITI Aayog will perform the role of the Disinvestment Commission.

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