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Visakhapatnam: Former Union Secretary EAS Sarma has urged the Department of Investment and Public Asset Management (DIPAM) and the Steel Ministry to review the proposal of privatisation of RINL-Visakhapatnam steel plant as it was neither legal nor in public interest. In a letter addressed to Secretary of DIPAM T.K. Pandey and Secretary-Union Ministry of steel […]

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

Petroleum had been included in the strategic sector as it ensures energy security for the country.

Finance Minister Nirmala Sitharaman had announced that a new policy on PSU privatisation will be announced whereby a list of strategic sectors requiring presence of PSEs in public interest will be notified.

In 2019, a second attempt was made to sell Pawan Hans but the sale process failed to receive investor response.

Govt has issued the PIM/EOI for disinvestment of 26 per cent equity share capital of BEML Ltd along with transfer of management control

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

Experience in government accounting, government financial procedures and office procedures is desirable

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