Which of the following sectors comes under the Strategic Sector to be disinvested Atomic energy Spac...........

Economic and Social Issues Budgeting and Fiscal policy

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Which of the following sectors comes under the Strategic Sector to be disinvested?

Atomic energy, Space and Defence
Transport and Telecommunications
Power, Petroleum, Coal and other minerals
Banking, Insurance and financial services

Select the correct code.

1,2&4 only

2,3&4 only

1,2&3 only

All of the above

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Explanation:

Union Minister for Finance while presenting the Union Budget FY 2021-22 announced that government has approved a policy of strategic disinvestment of public sector enterprises that will provide a clear roadmap for disinvestment in all non-strategic and strategic sectors.

Existing CPSEs, Public Sector Banks and Public Sector Insurance Companies to be covered under it.

Two fold classification of Sectors to be disinvested

Strategic Sector : Bare minimum presence of the public sector enterprises and remaining to be privatised or merged or subsidiarized with other CPSEs or closed. Following 4 sectors to come under it :

Atomic energy, Space and Defence
Transport and Telecommunications
Power, Petroleum, Coal and other minerals
Banking, Insurance and financial services
Non- Strategic Sector : In this sector, CPSEs will be privatised, otherwise shall be closed.

Hence opion 4th is correct.