(CNBC)
According to the sources, the Centre may consider divestment in National Fertilizers Ltd, Rashtriya Chemicals & Fertilizer Ltd, Madras Fertilizer, Fertilizer Corporation of India, Brahmaputra Valley Fertilizer Corporation, Hindustan Fertilizers Corporation and MMTC Ltd. State Trading Corporation Of India Ltd and PEC may be considered for closure.
As per the new Public Sector Enterprise (PSE) policy, CPSEs in non-strategic sector and those not exempt may be privatised or closed. CNBC-TV18 on March 7 had reported that the government was identifying CPSEs under Textiles, Commerce & Industry, Chemicals & Fertilizers for closure, merger and privatisation