Disinvestment Commission August 1997 Report IV

Abstract

The Disinvestment Commission submitted its first Report to Government on February 21, 1997. Subsequently, the second and third Reports were submitted in April and May 1997. In these Reports, the Commission has made general recommendations applicable to all PSUs which are intended to promote the long term disinvestment strategy of Government. The Commission has, in addition, evolved detailed guidelines on modalities and procedures of disinvestment. Specific recommendations in regard to 15 PSUs out of the 50 PSUs so far referred to it (Annex A) have been submitted in these three Reports.