Profit or loss of a PSU not among criteria for disinvestment: Fin Min
The finance ministry informed the Parliament that profit or loss of a state-run company is not among the relevant criteria for its privatisation or disinvestment policy but it’s based on the economic principle that the government should discontinue in sectors where competitive markets have come of age. The strategic disinvestment or privatisation is carried out through an “open, transparent and competitive” bidding process, it said
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