Privatisation of public sector undertakings in India

Common card · No. 410226

Privatization of public sector undertakings in India is a process of public asset sales done by the president of India on behalf of the Government of India. It can be directly offered for sale to the private sector or indirectly done through a bidding process whereas Disinvestment is partial sale of stake through IPO or market mechanisms but still controlling majority stake or controlling as a subsidiary of another PSU to make them more efficient. Many PSUs buy other PSUs from Government for their own expansion or better functioning. Many government departments, agencies and authorities are undergoing massive corporatization before disinvestment and privatization. The Public Enterprises Survey (2015–16), brought out by the Department of Public Enterprises, Ministry of Heavy Industries, Government of India on the performance of Central Public Sector Enterprises (CPSEs) was placed in both the Houses of Parliament on 21 March 2017. There were 331 CPSEs in 2017–18, out of which 257 were in...

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