Question : DISINVESTMENT OF PSUS

(a) whether the Government have set up a target of collecting Rs.12,000 crore from disinvestment of Public Sector Undertakings during the year 2001-2002;

(b) if so, the how much of this estimate has thus so far been collected in this current fiscal year;

(c) whether the Government have abandoned `strategic sale` as the preferred mode of disinvestment;

(d) if so, the new system of public sector disinvestment is likely to be adopted to achieve the targets; and

(e) the details of such a new strategy and the steps taken by the Government in this regard?

MINISTER OF STATE (INDEPENDENT CHARGE) OF THE DEPARTMENT OF DISINVESTMENT, MINISTER OF STATE IN THE MINISTRIES OF PLANNING, STATISTICS & PROGRAMME IMPLEMENTATION AND MINISTER OF STATE IN THE DEPARTMENT OF ADMINISTRATIVE REFORMS AND PUBLIC GRIEVANCES (SHRI ARUN SHOURIE)

(a) Yes, Sir.

(b) During the current financial year no disinvestment in any public sector undertaking has taken place so far.

(c) No, Sir, no such decision has been taken.

(d) & (e) Do not arise.