DISINVESTMENT OF PUBLIC SECTOR - BPCL, CONCOR, SCI, THDCIL, NEEPCO
DISINVESTMENT OF PUBLIC SECTOR As we all know that on 20th Nov 2019, the Cabinet Committeeon Economic Affair (CCEA) has given “In-principle’ approval for the strategic disinvestment of FIVE Central Public Sectors Enterprises (CPSEs) including majority stakes in blue-chip Oil Company Bharat petroleum Corporation Limited (BPCL) and Shipping Corporation of India ( SCI ). Let us analyze in this article by looking at both the merits and the demerits and let us find out when disinvestment is good and bad. So before we get into each PSU detail we must need to understand what is Disinvestment? What is Disinvestment? D isinvestment ability sale or liquidation of property by way of the government, normally Central and nation public zone enterprises, projects, or different constant assets. The authorities undertake disinvestment to decrease the financial burden on the exchequer, or to elevate cash for assembly particular needs, such as to bridge the income shortfall from different