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Government is gearing up for more structural reforms: Niti CEO Amitabh Kant

Thursday, October 3, 2019, 7:34 PM

Government is gearing up for more structural reforms that will help the economy to rebound after a series of measures that have been announced over the last one month, NITI Aayog CEO Amitabh Kant said. "Government is now aggressively pushing for disinvestment of its PSUs and asset monetisation," Kant said while speaking at a session in the India Economic Summit on Thursday.
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DIPAM, NITI Aayog aim to cut government stake in select CPSEs to below 51%

Sunday, September 29, 2019, 4:16 PM

Government will start-consultations soon with Niti-Aayog and Energy and Petroleum-Ministries to bring down its equity-holding below 51%, including change of norms and modes of doing the stake dilution in very-few select PSUs to begin with. At the initial-stage it will be 2-3 PSUs where government stake in these PSUs would be brought down to less than 51% which would also require amendment to certain-laws.
 
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Dipam, Niti Aayog aim to cut govt stake in select CPSEs to below 51%

Sunday, September 29, 2019, 12:56 PM

Government will start-consultations soon with Niti-Aayog and Energy and Petroleum Ministries to bring down its equity holding below 51%, including change of norms and modes of doing the stake-dilution in very-few-select PSUs to begin with. At the initial-stage it will be two-three PSUs where government stake in these PSUs would be brought down to less than 51% which would also require amendment to certain-laws.

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