Disinvestment is a complex process, especially when handing over management control: DIPAM Secy

What North Block top officials today clarified is that privatisation is very much on track. Disinvestment is an ongoing scheme, it is not something new, Tuhin Kanta Pandey, secretary of the department of investment and public asset management, said during post-budget stakeholder interaction by the finance minister. “Disinvestment is a complex process, especially when we are handing over management control,” said Tuhin Kanta Pandey. DIPAM Secretary further said the Govt was proceeding with the disinvestment proceedings for Shipping Corp, NMDC Steel, IDBI, among others.