NITI Aayog submits roadmap for PSU reforms to PMO

NITI Aayog submits roadmap for PSU reforms to PMO

PTIUpdated: Thursday, May 30, 2019, 02:54 PM IST
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New Delhi: Kicking off PSU reforms, NITI Aayog has submitted to the Prime Minister’s Office a roadmap for closure and strategic sale of government stake in some public sector units.

“NITI Aayog has has submitted two separate lists of state-run companies, one comprising of sick PSUs which may be closed down and the other a list of firms which should be privatised,” a source told PTI.

Under the roadmap, the Aayog dealt with two sets of issues — one pertains to decision regarding sick firms, while the second is disinvestment, or strategic sale where government wants to reduce its stake. The government has set a disinvestment target of Rs 56,500 crore for this fiscal.

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