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Privatisation of Companies

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..... Privatisation of Companies - News and Press Release Dated:- 16-3-2020 - News - The Government has given in-principle approval for Privatisation of 24 CPSEs including Subsidiaries, Units and Joint .....

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..... Ventures with sale of majority stake and transfer of management control. This was stated by Shri Anurag Singh Thakur, Minister of State for Finance Corporate Affairs, in a written reply to a ques .....

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..... tion in Lok Sabha today. The Government follows a policy of strategic disinvestment of CPSEs, which are not in priority sectors . For this purpose, NITI Aayog has been mandated to identify such CP .....

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..... SEs based on the criteria of (i) National Security; (ii) Sovereign function at arm s length, and (iii) Market Imperfections and Public Purpose. Strategic disinvestment of CPSEs is being guided by t .....

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..... he basic economic principle that Government should discontinue in sectors, where competitive markets have come of age and economic potential of such entities may be better discovered in the hands of s .....

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..... trategic investor due to various factors such as infusion of capital, technological upgradation and efficient management practices; and would thus add to the GDP of the country. - News - Press rele .....

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..... ase - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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