Indianmandarins has reliably learnt that three Central PSUs may be shortly merged. These are Hospitals Services Consultancy Corporation Ltd (HSCC), National Project Construction Corporation (NPCCL) and Engineering Project (India) Ltd (EPIL)
CCEA, in its meeting held on 14th February 2016, had approved the proposal pertaining to the procedure and mechanism for strategic disinvestment of CPSEs classified as ‘high priority’ and ‘low priority’ on the basis of their functions serving national security purpose or otherwise. The above mentioned three CPSEs fall under the ‘low priority’ category and are all set to be merged with similarly placed CPSEs.
The NaMo administration has broadly devised four methods of strategic disinvestment of Central Public Sector Enterprises which is being implemented in a phased manner.