Sale of PSU to other PSU not disinvestment, observes CAG

The strategic sale of four public sector units to other public sector entities in 2018-19 by the Central government has been sharply criticised by the Comptroller and Auditor General (CAG) of India in an audit, tabled in Parliament. “Such disinvestments only resulted in transfer of resources already with the public …

Read moreSale of PSU to other PSU not disinvestment, observes CAG