The government plans to proceed with its strategic sale of public sector enterprises. Ministries have requested reconsiderations, but few changes are expected. IDBI Bank remains the primary focus for a strategic sale process. The Centre aims to boost disinvestment receipts and demonstrate commitment to privatisation. New strategic sale cases will likely emerge after the IDBI Bank transaction.

Focus on small ticket disinvestment is paying off

NEW DELHI: The Centre has ruled out diluting the list of public sector enterprises lined up for strategic sale amid repeated demands from heavy industries, fertiliser and housing…