Cabinet approves Alternative Mechanism to decide on the quantum of disinvestment in case of minority stake sale in CPSEs

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....abinet approves Alternative Mechanism to decide on the quantum of disinvestment in case of minority stake sale in CPSEs <br>News and Press Release<br>Dated:- 18-1-2017<br><BR>The Cabinet Committee on ....

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....Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its approval to Alternative Mechanism, who would decide on the quantum of disinvestment in a particular Central Public Sect....

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....or Undertaking (CPSE) on a case by case basis subject to Government retaining 51 percent equity and management control. This is in addition to the present functions performed by Alternative Mechanism ....

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....as has been approved by CCEA in August, 2014. This would reduce speculation and overhang and expedite the disinvestment process.<BR> News - Press release - PIB....