Cabinet gives in-principle nod to strategic sale of PSUs
The Cabinet on Thursday gave in-principle approval to Niti Aayog’s proposal for the strategic sale of about 20 public sector undertakings. According to the plan being drawn up, the government would lessen its stake in profit-making BEML from the present 54% to 28%.  Meanwhile, it will fully exit Scooters India, Pawan Hans, Hindustan Newsprint, and Ferro Scrap Nigam, among others.