Public Sector Enterprises Current Affairs, GK & News

Exemption for PSUs from Minimum Public Float Rules

The Indian government has announced that public sector entities will be exempt from the Minimum Public Shareholding (MPS) norm. The MPS norm mandates that listed companies must have at least 25% of their shares held by the public. However, this exemption will apply to public sector entities regardless of the government’s direct or indirect holding ..

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What are DIPAM Guidelines on Strategic Disinvestment?

The public sector enterprises (PSEs) have been barred by the Finance Minister from participating in the strategic disinvestment of other government-owned companies unless given specific approval by the Central Government. Overview: Public Sector Enterprises/ State Governments/ Cooperative Societies that are controlled by the Governments have not been given permission to participate in the strategic disinvestment ..

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Government to come out with list of strategic sectors

The government is coming out with a new public sector enterprises policy that is going to define the strategic sectors which will not have more than four public sector undertakings. It has been announced by the Finance Minister Nirmala Sitharaman. Highlights As part of the ‘Atmanirbhar Bharat Abhiyan’ package, the government announced that there would ..

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