competition success review Published this article page no 98 OTHER POLICY MEASURES Public Sector Enterprise Policy for a New Selfreliant India Need for a new coherent policy was felt where all sectors are open to the private sector while public sector enterprises (PSEs) will play an important role only in limited and defined areas. Accordingly government will announce a new policy whereby o List of strategic sectors requiring presence of PSEs in public interest will be notified. o In strategic sectors at least one PSE will remain in the public sector but private sector will also be allowed. o In other sectors PSEs will be privatized based on considerations like appropriate timing feasibility etc. o To minimize wasteful administrative costs number of enterprises in strategic sectors will ordinarily be only one to four. Additional enterprises will be privatizedmergedbrought under other holding companies. Policy Reforms to fast track Investment Fast track Investment Clearance will be provided to projects through Empowered Group of Secretaries (EGoS). o Prime Minister has created 11 empowered groups as quick response teams to tackle coronavirus outbreak. Creation of Project Development Cell in each Ministry to prepare investible projects coordinate with investors and also with CentralState Governments. Ranking of States on Investment Attractiveness thus creating healthy competition for new investments. Incentive schemes for Promotion of New Champion Sectors will be launched in sectors such as Solar PV manufacturing advanced cell battery storage etc. Upgradation of Industrial Infrastructure competition success review buy.
No comments:
Post a Comment