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Govt not to sell 13 profit-making PSUs
August 16, 2005 15:37 IST
The government on Tuesday announced that it has formally called-off plans to sell stakes in 13 profit-making central public sector undertakings."In keeping with the National Common Minimum Programme guidelines, it has been decided to call off the process of divestment through strategic sale of 13 profit-making PSUs," S S Palanimanickam, minister of state for finance, said in a written reply to the Rajya Sabha. Companies that have been taken-off the divestment list includes Nalco, Shipping Corporation, National Fertilisers, HPCL, Engineers India and RCF.
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