Divestment: GK, Current Affairs, Questions, Trivia and News

The CCEA approved proposal of DIPAM for strategic disinvestment.

The Cabinet Committee on Economic Affairs (CCEA) has recently approved the proposal of Department of Investment and Public Asset Management (DIPAM) for the strategic disinvestment. The approval will help in speedy completion of strategic disinvestment transactions. The department will set up an alternative mechanism comprising of the Finance Minister, Minister for Road Transport and Highways ..

Government’s clearance to 10.82 percent disinvestment of stake in SAIL

The government has approved 10.82 % disinvestment of its hold in Steel Authority of India (SAIL). The SAIL public offer has got the clearance of the Cabinet Committee on Economic Affairs (CCEA). The share sale process, which will be done through auction route or offer for sale, is projected to generate over Rs 4,000 crore ..