Business Today

“CAN’T CHASE A SACROSANCT NUMBER ON DIVESTMENT”

TUHIN KANTA PANDEY, Secretary in the Department of Investment and Public Asset Management (Dipam), plays a key role in helping the exchequer raise revenue every year. But, in an interview to Business Today, he explains that the role of Dipam is not about meeting targets by putting central public sector enterprises (CPSE) on the block. The department, says Pandey, strikes a fine balance between a calibrated nuanced disinvestment strategy and a consistent dividend policy, which also takes care of growth needs of the CPSEs. Edited excerpts:

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