NEW DELHI: Finance minister Nirmala Sitharaman on Sunday announced a new public sector enterprise (PSE) policy under which there will be at least one such entity each in strategic sectors while those in non-strategic sectors will be privatised.
In the fifth and final tranche of announcements of stimulus and reform measures comprising the ₹20 trillion economic package aimed mitigating the economic fallout of the covid-19 pandemic and the resultant lockdown, Sitharaman said India and the world have changed in the last few decades and the country needs a coherent policy where all sectors are open to the private sector while PSEs will play an important role in defined areas.