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of <h1>Government Approves Privatization of 24 CPSEs to Boost Economic Efficiency and GDP Growth.</h1> The government has approved the privatization of 24 Central Public Sector Enterprises (CPSEs), including subsidiaries, units, and joint ventures, through the sale of majority stakes and transfer of management control. This decision, announced by a government official in the Lok Sabha, aligns with the policy of strategic disinvestment for CPSEs not in priority sectors. NITI Aayog is tasked with identifying these enterprises based on criteria like national security, sovereign functions, and market imperfections. The aim is to enhance economic efficiency and GDP by allowing strategic investors to manage these entities, leveraging their capital, technology, and management expertise.
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