GOVERNMENT OF INDIA
Ministry of Finance
DEPARTMENT OF DISINVESTMENT
UNSTARRED QUESTION NO 3399
TO BE ANSWERED ON 04.08.2009
SRAVANA 13, 1931 (SAKA)
Action Plan for Disinvestment.
SHRI RAJEEV CHANDRASEKHAR
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?
THE MINISTER OF STATE IN THE MINISTRY OF FINANCE
(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.