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 ..
Month: Current Affairs - January, 2023
Category: Economy & Banking Current Affairs - 2022
Topics: IDBI Bank • Minimum public float requirements • MPS • Public Sector Enterprises • Stock market regulations
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 ..
Month: Current Affairs - April, 2022
Category: Economy & Banking Current Affairs - 2022
Topics: Department of Investment and Public Asset Management • DIPAM • Privatisation • Public Sector Enterprises • Strategic Disinvestment
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 ..
Month: Current Affairs - August, 2020
Category: Economy & Banking Current Affairs - 2022
Topics: PSE • PSUs • Public Sector Enterprises • Public Sector Undertakings • Strategic Sector