Question : GLOBAL ADVISORS FOR DISINVESTMENT



(a) whether Government are considering to appoint global advisors to carry out disinvestment; and

(b) if so, the details thereof?

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 JAITELY)


(a)&(b) For the purpose of obtaining professional advice while implementing the decisions of the Government in regard to disinvestment, merchant bankers/consultants are appointed by the Government in accordance with the requirements of the transaction on a case to case basis.