Small, mid CPSEs likely to be on Centre's FY24 disinvestment list

Government officials hinted that efforts were being taken to conclude stake sale of Shipping Corp and BEML by March

The government may add small- and mid-cap central public sector enterprises (CPSEs) to its list of disinvestment and privatisation candidates for the next financial year.

However, the priority will be speeding up ongoing big-ticket deals, including the stake sale of IDBI Bank, and Container Corporation of India (Concor), a senior government official told Business Standard.

“Identifying sectors and companies is an ongoing process of the disinvestment department. So we might draw a fresh list that could have small-, mid-cap CPSEs,” the official said. About 40 CPSEs are currently categorised as mid- and small-cap CPSEs. Meanwhile, stake sale in IDBI Bank,