‘New PSE policy envisages at most 4 strategic-sector firms’  

Context: The new public sector enterprises policy envisages that the strategic sectors have a limited number of players restricting it to maximum four public sector enterprises of a holding nature, a top official said on Friday.

Details:

• As part of the ‘Aatmanirbhar Bharat Abhiyan’, Finance Minister Nirmala Sitharaman had announced that there would be a maximum of four public sector companies in strategic sectors, and state-owned firms in other segments would eventually be privatised.
• MSMEs (micro, small and medium enterprises) have the potential in the sectors such as defence, infrastructure, manufacturing, power, petroleum, coal, mining, ports, airports, and many more, which will help to create better running of government assets.

https://www.thehindu.com/todays-paper/tp-business/new-pse-policy-envisages-at-most-4-strategic-sector-firms/article33884649.ece