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Economy

Nirmala Sitharaman may announce PSE policy in Union Budget

Updated : January 28, 2021 12:41 PM IST

Finance Minister Nirmala Sitharaman had announced the public sector enterprises (PSE) policy framework on May 17 last year as part of 'Aatmanirbhar Bharat'.

Sources said the policy has been taken up by the Cabinet this week and announcement could happen in the upcoming Union Budget on February 1.

According to the framework, the Finance Minister had said not more than four PSEs or PSUs will remain in a strategic sector. In the non-strategic sector, all the government-owned companies would be privatised.

CNBC-TV18’s Sapna Das gets more details on the contours of the policy.

Watch video for more.
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