Sunday, November 19, 2000
fesub.gif (4328 bytes)
Full Story
fe.gif (834 bytes)
India's first e-business paper
flnews.gif (5153 bytes)
Search FE
-
Download
BSE Quotes
NSE Quotes
-
Think Tank
This week we focus on a complete analysis of the
industry
-
 

Cabinet secretary to be umpire in divestment wrangles 

Our Economic Bureau  
New Delhi, Nov 18: The Cabinet secretary will now have to play the role of an umpire in all inter-ministerial wrangles pertaining to divestment. "The cabinet secretary would look into the matter whenever there are any roadblocks or issues involving various ministries or departments," divestment minister Arun Shourie said.

Such intervention may be required in complicated cases, like in the case of ITDC divestment, he said. Some leased documents are not in order. Then in some case, the land belongs to the state government. Divestment in Hotel Corporation of India is yet another example, where the land belongs to the Airports Authority of India.

Copyright © 2000 Indian Express Newspapers (Bombay) Ltd.

- Lead Stories | Corporate | Infrastructure | Commodities | Economy/Finance | BSE Today | NSE/ Markets | Strategy | Convergence | After Hours top.gif (150 bytes)Top
flame.jpg (1068 bytes) © Copyright 1999: Indian Express Newspaper(Bombay) Ltd. All rights reserved throughout the world.
This entire edition is compiled in Mumbai by The Indian Express Online Media Limited, a division of
The Indian Express Group of Newspapers. Managed by The Indian Express Online Media Limited and hosted by CerfNet.