It is pertinent to mention here that in 2016 Niti Aayog was also asked to draw up a list of CPSEs which could go in for strategic sale.DIPAM, after consulting ministries and CPSEs, has already identified huge tract of land and other assets of nine state-owned companies which will be hived off before they are put on the block for strategic sale."So far the disinvestment process was confined to corporate level."The enlistment of the land assets would have to happen first before the strategic disinvestment process starts.The approved framework shall be reviewed after two years for instituting any change including delegations on financial limits.It includes sale of non-core assets of any other CPSE after approval of competetent authority or the administrative ministry, and sale of such assets of sick or loss making CPSE. Enemy property refers to the assets which were left behind by people who migrated to Pakistan or China and are no longer citizens of India. Once the non-core assets are carved out, the sale of such assets and strategic disinvestment process can go on simultaneously," the official said.This is part of the overall plans of the government to lay down procedure and mechanism for monetisation of non-core assets of central public sector undertakings (CPSEs), which include mainly land and building.The Union Cabinet had last week approved laying down of institutional framework for monetisation of identified non-core assets of the CPSEs under strategic disinvestment and assets relating to immovable enemy property under air compressor pumps Factory the custody of Custodian of Enemy Property for India (CEPI).So far this fiscal, the government has raised over Rs 56,064 crore by divesting stakes in state-owned companies.With regard to those CPSEs which are candidates for strategic disinvestment, the official said such companies would have to first list out the non-core assets which are to be hived off separately before the strategic disinvestment process starts.These include Dredging Corporation of India, HLL Lifecare, Bharat Earth Movers Ltd, Units/JVs of ITDC, Bhadrawati, Salem and Durgapur units of SAIL, Nagarnar Steel Plant of NMDC, Central Electronics and Ferro Scrap Nigam.Explaining the process, the official said the Cabinet approval for asset management framework would be applicable in four cases -- sale of non-core assets of CPSEs identified for strategic disinvestment, sale of immovable enemy property land which are not under litigation.
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سه شنبه 29 شهريور 1401 زمان : 8:10