Modi government gives Mega order, clears disinvestment of 5 top PSUs; WATCH Anil Singhvi's Editor's take
Modi government has cleared the desks to sell stakes in as many as five big Public Sector Undertakings (PSUs). The cabinet has approved this strategic disinvestment after a high level meeting held on Wednesday night.
The government has also approved reducing its stake in Indian Oil Corporation (IOC) from 51 per cent. However, the management control for IOC will remain with the government only.