New Delhi: The Union Budget 2021-22 may come out with a policy on privatisation of public sector enterprises detailing the scope of its PSU sell off programme highlighted as part of Atmanirbhar package last year.
As part of the four part Atmanirbhar Bharat Package announced by the government last year to bring the economy affected by the Covid-19 pandemic back on track, Finance Minister Nirmala Sitharaman had announced that a new policy on PSU privatisation will be announced whereby a list of strategic sectors requiring presence of PSEs in public interest will be notified.
The contours of the proposed policy highlighted by the Finance Minister then included presence of at least one enterprise in public sector space in the strategic list but with presence of private sector as well. Also, to minimise the wasteful administrative costs, Sitharaman had said that the number of enterprises in strategic sectors will ordinarily be only one to four while others will be…
