{"id":268781,"date":"2019-04-10T05:27:16","date_gmt":"2019-04-10T05:27:16","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=268781"},"modified":"2019-04-10T05:27:16","modified_gmt":"2019-04-10T05:27:16","slug":"pses-to-stay-psus-even-with-below-51-government-stake","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/pses-to-stay-psus-even-with-below-51-government-stake\/","title":{"rendered":"PSEs to stay PSUs even with below 51% government stake"},"content":{"rendered":"<p>NEW DELHI: The government is planning a major overhaul of the definition of state-run companies where an entity will continue to qualify as public sector enterprise (PSE) even if the government holding falls below 51%.<\/p>\n<p>Sources in the Department of Public Enterprises said the change in definition is being discussed with the Finance Ministry, and an announcement could be made by the new government.<\/p>\n<p>&#8220;There is a thinking that PSU definition should be maintained with government holding of, say, 40% or 26% in case of certain non-strategic entities. This will not only give flexibility to PSU boards in decision-making but also allow more room for the Centre to raise additional revenue from disinvestment,&#8221; said a top PSE official aware of the proposed changes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: The government is planning a major overhaul of the definition of state-run companies where an entity will continue to qualify as public sector enterprise (PSE) even if the government holding falls below 51%. Sources in the Department of Public Enterprises said the change in definition is being discussed with the Finance Ministry, and an announcement could be made by the new government. &#8220;There is a thinking that PSU definition should be maintained with government holding of, say, 40% or 26% in case of certain non-strategic entities. This will not only give flexibility to PSU boards in decision-making but [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-268781","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/268781","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=268781"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/268781\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=268781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=268781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=268781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}