Question : DISINVESTMENT OF IPCL



(a) whether the Government have decided to disinvest the shares of IPCL; and

(b) if so, the reasons of disinvestment?

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): Yes, Sir.

(b): The proposed disinvestment in IPCL is in line with the declared Government policy down its holding in the generality of PSUs in the non-strategic category and to maintain majority holding in cases of PSUs involving strategic considerations.