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Accepting the proposal of the ‘365 X 24 hours working’ Department of Disinvestment, the central government has constituted a Group of Ministers with Finance Minister, Minister for Road Transport and High Ways and Minister for Administrative Department to decide on the terms and conditions of the sale of the public sector units.

The Cabinet also approved empowered the Core Group of Secretaries to take policy decisions on the procedural issues of these strategic sales of PSUs.

It seems that the government wants to gift all the PSUs to the corporates before the 5 year term of the Modi Government is over.

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