June 19, 2021, 3:26 pm
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Bank strike: centre submits a list of 12 PSU banks, insurance corporations to make non-public

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The government has submitted the first listing of 12 public area undertakings (PSU) set to be privatised, as introduced inside the union price range 2021 provided by means of finance minister Nirmala Sivaraman remaining month. the listing includes public region banks and coverage corporations that are a part of the centre’s formidable plan to privatise PSUSs to fulfil the rs 1. seventy-five lakh crore disinvestment target.

The submitted list can be taken into consideration by way of the branch of funding and public asset control and the middle group of secretaries on divestment, headed by using the cabinet secretary.

The Niti Aayog is the authorities’ entrusted body with the strategic venture of suggesting names of PSUs to be merged or privatised.