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Govt mulls merger of DPE, DIPAM to boost efficiency

Financial Express Pune

|

March 15, 2025

On The Cards

- PRASANTA SAHU

THE MERGER OF the department of public enterprises (DPE) with the department of investment and public asset management (DIPAM)—formerly known as the disinvestment department—is back on the discussion table. Both departments currently function under the ministry of finance.

The government has not appointed a full-time DPE secretary for nearly eight months. Since the retirement of Ali Raza Rizvi on July 31, 2024, the DIPAM secretary has been overseeing the DPE's affairs.

The rationale for the merger is the commonalities between the two departments, as both deal with central public sector enterprises (CPSEs).

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