(a) whether the Government propose to privatise C.M.C.;
(b) if so, the details thereof; and
(c) the time by which the privatisation process is likely to be completed?
(a) whether the Government propose to privatise C.M.C.;
(b) if so, the details thereof; and
(c) the time by which the privatisation process is likely to be completed?
MINISTER OF PARLIAMENTARY AFFAIRS AND COMMUNICATIONS & INFORMATION TECHNOLOGY(SHRI PRAMOD MAHAJAN)
(a) and (b): Yes, Sir. Government has decided to bring down its equity in CMC Ltd. to 26%.
(c): The disinvestment process is likely to be completed during 2001-02.