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Fertiliser PSU sale may start with smaller firms
Hindustan Times Chandigarh
|January 30, 2025
NITI AAYOG HAD IDENTIFIED EIGHT PUBLIC SECTOR FERTILISER MAKERS FOR A PROPOSED STRATEGIC SALE IN 2022
NEW DELHI: The central government is considering privatising some small state-owned fertiliser companies, two people aware of the matter said, after an earlier plan to divest stake in larger public sector agrochemical makers faced resistance.
The stake sale process may begin in the first and second quarters of FY26, depending upon market conditions and the consensus among stakeholders, the people said on the condition of anonymity.
"With recent policy measures reducing the country's dependence on imports, it could be the right time for the Centre to off-load its stake in some state-owned companies, particularly the smaller ones," the first of the two people said.
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