Question : COMMITTEE FOR GUIDELINES FOR DISINVETMENT



(a) whether the Government plans to set up a Committee to provide guidelines and instructions for the disinvestment of equity shares of companies the GAIL, SAIL,ONGC etc.

(b) if so, the details thereof;

(c) the major companies which are earn market by the Government for disinvestment and liquidation of its shares; and

(d) the benefits which could be desired through the disinvestment of these companies?

Answer given by the minister


MINISTER OF STATE OF THE MINISTRY OF INFORMATION AND BROADCASTING AND MINISTER OF STATE OF THE DEPARTMENT OF DISINVESTMENT (SHRI ARUN JAITLEY)


(a) & (b): No such proposal is under consideration of the Government.

(c) & (d): The policy of the Government is that in the generality of cases, the government shareholding in public sector enterprises will be brought down to 26%. In cases of public sector enterprises involving strategic considerations, government will continue to retain majority holding.