Will the Minister of FINANCE be pleased to state:-

(a)        whether Government has drawn up an action plan on the proposed PSU disinvestments;

(b)        if so, whether Government has set a target for disinvestment receipts;

(c)        whether Government has sought to engage a global merchant banker to put in place a road map for selling stakes in PSUs;

(d)        whether an advisory panel has also been constituted in this regard; and

(e)        if so, the details thereof?

ANSWER

THE MINISTER OF STATE IN THE MINISTRY OF FINANCE
(S.S. PALANIMANICKAM)

(a)        The cases for disinvestment would be decided on a case by case basis.  The process of Initial Public Offerings in NHPC Limited and Oil India Limited is in progress.

(b)        No, Sir.

(c)        No, Sir.

(d)        No, Sir.

(e)        Does not arise.