CPSE disinvestment- Imprudent to ignore R&D effort in CPSEs at the cost of self-reliance

To Smt Nirmala Sitharaman Union Finance Minister Dear Smt Sitharaman, I write this in continuation of my earlier letter dated 24-1-2022 (https://countercurrents.org/2022/01/cpse-disinvestment-valuation-approa…) expressing my concern at the flawed valuation methodology adopted by  the Department of Investment and Asset Management (DIPAM) for valuing the CPSEs for disinvestment. It appears that your Ministry has not cared to revisit the methodology, as evident from the fact[Read More...]