DIPAM Secy Hints at Flexibility in PSU Stake Cuts Below 51% for Budget 2026
Budget
C
CNBC TV18•01-02-2026, 21:04
DIPAM Secy Hints at Flexibility in PSU Stake Cuts Below 51% for Budget 2026
- •DIPAM Secretary Arunish Chawla indicated that policy options are being explored to reduce the government's stake in Public Sector Undertakings (PSUs) below 51%.
- •Discussions initiated by the Economic Survey include alternative ownership models like strategic partnerships and joint ventures, potentially leading to entities not remaining government companies.
- •These policy considerations are part of broader public sector reform and asset monetization strategies, with structures to be evaluated based on sector and strategic importance.
- •Revenue Secretary Arvind Shrivastava clarified that the Securities Transaction Tax (STT) hike is specifically for futures and options trading to curb excessive speculation, not primarily for revenue.
- •The STT hike could generate approximately ₹15,000 crore, and tax collections show improved buoyancy, with GST growth in mid-single digits expected to rise.
Why It Matters: DIPAM signals potential for government stake in PSUs to drop below 51%, alongside STT hike for speculation control.
✦
More like this
Loading more articles...
