(LiveMint)
To undertake strategic divest of Air India, other PSUs this FY. To consolidate non-finance central PSUs via mergers. To raise foreign shareholding till maximum limit in PSUs. Govt sets Rs 1.05 lakh crore divestment target for FY20: Budget. To take steps to separate pension fund regulation by PFRDA. Govt wants to realign govt stake in central PSUs for higher retail participation.
