NITI Aayog shortlists PSU banks for privatisation
After months of deliberations, the Niti Aayog on Thursday submitted a recommendation on candidates for bank privatisation to Core Group of Secretaries on Disinvestment.
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By Express News Service
NEW DELHI: After months of deliberations, the Niti Aayog on Thursday submitted a recommendation on candidates for bank privatisation to Core Group of Secretaries on Disinvestment.
“Yes we have received a recommendation from the Niti Aayog. But, the list is not final. It needs to be discussed further,” a senior official from the finance ministry confirmed it.
Following the clearance from the Core Group of Secretaries, headed by the Cabinet Secretary, the finalised names will go to Alternative Mechanism (AM) the panel for strategic disinvestment for its approval and eventually to the Cabinet headed by the Prime Minister for the final nod.