TUHIN KANTA PANDEY, DIPAM SECRETARY: 'Stakeholders must internalise concept of privatisation'
Financial Express Mumbai|February 03, 2023
Even though the new Public Sector Enterprises (PSE) policy unveiled in 2021 created a large pool of PSEs in both the strategic and non-strategic sectors for privatisation, the slow pace of the process has limited the government's non-debt capital receipts. The new policy has to be "internalised" by all the stakeholders in the government and PSES for it to succeed, department of investment and public asset management secretary Tuhin Kanta Pandey told FE's Prasanta Sahu.
TUHIN KANTA PANDEY, DIPAM SECRETARY: 'Stakeholders must internalise concept of privatisation'

He also underlined the need to take care of the bidders' interests and give them a fair deal. Certain flexibility has to be given to them even post-disinvestment, he said.

How do you plan to raise another ₹20,000 crore to meet FY23 revised disinvestment target of ₹50,000 crore? 

It has to come from some of the transactions that we have been working on like a stake sale in Hindustan Zinc Ltd (the government's 29.54% stake in HZL is worth 42,800 crore in the current market prices) and other minority stake sales. The privatization transactions currently under process (IDBI Bank, Shipping Corporation and BEML) will not get concluded by March and hence won't fetch any revenue in the current financial year.

Are you relying on the current pipeline to meet the disinvestment revenue target of ₹51,000 crore for FY24?

この記事は Financial Express Mumbai の February 03, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Financial Express Mumbai の February 03, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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