Parliamentary Panel Urges DIPAM to Finalize Legal Framework for Indirect PSU Control
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Panel Urges DIPAM to Finalize Legal Strategy for PSU Indirect Control Model
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CNBC TV18•17-03-2026, 20:07
Panel Urges DIPAM to Finalize Legal Strategy for PSU Indirect Control Model
•Parliamentary panel asks DIPAM to develop a legal strategy for indirect control in PSUs, potentially using 'golden share' to maintain strategic autonomy when state shareholding drops below 51%.
•The committee suggests evolving the MoU framework into a high-performance tool for CPSEs, mandating succession planning and ensuring internal accruals for capex targets.
•Recommendations include prioritizing the filling of 38 vacant officer positions in the Ministry of Finance and formulating a roadmap for InvITs and REITs with robust safeguards.
•The panel urges DEA to bridge revenue gaps, optimize borrowing calendars with RBI, and enhance debt management strategies for longer-maturity profiles.
•Key suggestions also cover finalizing the SME Growth Fund, shifting Viability Gap Funding to new-age infrastructure, strengthening the PPP ecosystem, and expanding PFMS to the 'last mile'.