InvestorQ : What are likely to be the highlights of the new policy paper on Public Sector Enterprises?
Chandralekha Desai made post

What are likely to be the highlights of the new policy paper on Public Sector Enterprises?

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NISHA Nayak answered.
2 months ago
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The government has just laid out the broad contours of the new public sector enterprises policy. Here are some of the key highlights of the same.

· The basic idea is that all the strategic sectors must only have limited number of players not exceeding four public sector enterprises of the holding nature. This could include sectors like oil, banking and even defence.

· The Department of Public Enterprises has suggested that the remaining enterprises be rationalized and be amalgamated with the larger players in the industry or even privatized and ownership transferred to private parties.

· The new model will make PSUs to be very focused and raise resources through means like asset monetisation. The government intends to have a strong and impactful public sector in strategic sectors like defence, infrastructure, petroleum, coal, mining, ports, airports etc.

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