Cabinet approves procedure and mechanism for Strategic Disinvestment of the CPSEs – delegation thereof

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....abinet approves procedure and mechanism for Strategic Disinvestment of the CPSEs – delegation thereof <br>News and Press Release<br>Dated:- 7-3-2019<br><BR>The Cabinet Committee on Economic Affairs ....

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....chaired by the Prime Minister has approved delegation of the following to Alternative Mechanism in all the cases of Strategic Disinvestment of CPSEs where CCEA has given &#39;in principle' approval fo....

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....r strategic disinvestment: (i) The quantum of shares to be transacted, mode of sale and final pricing of the transaction or lay down the principles/ guidelines for such pricing; and the selection of....

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.... strategic partner/ buyer; terms and conditions of sale; and (ii) To decide on the proposals of CGD with regard the timing, price, the terms & conditions of sale, and any other related issue to the ....

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....transaction. This will facilitate quick decision-making and obviate the need for multiple instances of approval by CCEA for the same CPSE.<BR> News - Press release - PIB....