Union Cabinet approves sale of 5 PSUs and amendments to TOT model

The Union Cabinet on Wednesday approved the sale of government's stake in five central public sector enterprises (CPSEs), including state-owned Bharat Petroleum Corporation Ltd (BPCL).

The major decisions include a bill to grant ownership rights to residents of Delhi's unauthorised colonies, amendments to 'Toll Operate Transfer' model for national highways, a bill to replace ordinance on tax reduction and import of 1.2 lakh tonnes onion.