What are the 4 strategic sectors?

The government has identified four strategic sectors – atomic energy, space and defence; transport and telecommunications; power, petroleum, coal and other minerals; and banking, insurance and financial services – where presence of state-run companies will be reduced to a minimum.

Which are non-strategic sectors?

The Centre is set to rejig the privatisation process for companies in non-strategic sectors such as steel, tourism, urban development, and healthcare, which have been identified under the new Public Sector Enterprises (PSE) policy for Atmanirbhar Bharat.

What are 4 strategic sectors PSU?

The new public sector enterprises policy envisages that the strategic sectors have limited number of players restricting it to maximum four public sector enterprises of the holding nature, a top official said on Friday.

Is BSNL strategic PSU?

Sebastin added that since BSNL is strategic CPSU offering services which meet the Centre’s social obligations in times of natural calamities even in far-flung areas, it should “remain a strategic PSU in the future” as well, with focus on revival.

What is strategic sector?

The strategic sector includes atomic energy, space and defence, transport and telecommunications, power, petroleum, coal and other minerals, and banking, insurance and financial services.

What is meant by strategic sector?

Strategic Sector : Bare minimum presence of the public sector enterprises and remaining to be privatised or merged or subsidiarized with other CPSEs or closed.

What are strategic sectors?

Is banking strategic sector?

The government in the Budget unveiled the Disinvestment/Strategic Disinvestment Policy and identified four sectors — Atomic energy, Space and Defence; Transport and Telecommunications; Power, Petroleum, Coal and other minerals; and Banking, Insurance and financial services — as strategic sectors, where bare minimum …

Are railways privatised?

The Railways will never be privatised but private investments are required for efficient functioning, Railway Minister Piyush Goyal told the Lok Sabha on Tuesday during a debate on the Demands for Grants for Railways for 2021-22.

Is railways a strategic sector?

Currently, there is no clear definition of strategic sector. According to some regulatory purposes, only space and atomic energy are considered strategic. The Railways is categorised as a sector involving social good, and so eligible to be in the government sector only.

What is difference between strategic and non-strategic sector?

Banking, insurance, defence, and energy are likely to be part of the strategic sector list. All other PSUs apart from the strategic sectors fall under Non-strategic Sector including Power Discoms.