"department-of-investment-and-public-asset-management"

Chakraborty, a 1985 batch IAS officer of Gujarat cadre, retired as Secretary of Department of Economic Affairs in April 2020

To further strengthen their financial health, the government is expected to infuse Rs 3,000 crore in the public sector general insurance companies during the current quarter

At the current market price, the government's stake sale in Shipping Corp is valued at about Rs 2,500 crore

The government plans to sell minority stake in the insurance behemoth and list it on the bourses

As part of the 'Aatmanirbhar Bharat Abhiyan' package, the government in May had announced that there will be a maximum of four public sector companies in the strategic sectors, and state-owned firms in other segments will eventually be privatised