Cabinet approves procedure and mechanism for Strategic Disinvestment

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....abinet approves procedure and mechanism for Strategic Disinvestment <br>News and Press Release<br>Dated:- 16-8-2017<br><BR>The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri....

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.... Narendra Modi, has approved the proposal of Department of Investment and public Asset Management (DIPAM) for the strategic disinvestment of the following: (i) For setting up an Alternative Mechanism....

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.... (AM) consisting of the Finance Minister, Minister for Road Transport & Highways and Minister of Administrative Department, to decide on the matters relating to terms and conditions of the sale from t....

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....he stage of inviting of Express of Interests (Eols) till inviting of financial bid; and (ii) For empowering the Core Group of Secretaries (CGD) to take policy decisions with regard to procedural issu....

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....es and to consider deviations as necessary from time to time for effective implementation of decisions of CCEA. The approval will help in speedy completion of strategic disinvestment transactions.<BR....

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....> News - Press release - PIB....