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Cabinet approves new process for strategic disinvestment; stakeholder consultation before inviting bids now possible

Updated : October 04, 2019 05:36 PM IST

DIPAM will now become the nodal department for all decisions relating to strategic disinvestment
So far, the strategic disinvestment process did not allow for stakeholder consultation before government started calling for EOIs
There was no pre-bid consultation in the case of the first Air India divestment attempt

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