Central Public Sector Enterprises (CPSEs) are not marketable commodities that can be traded across the counter – E A S Sarma, Former Secretary, Government of India Do not go ahead with the proposed disinvestment of BEML

Letter to Defense Minister

“BEML’s assets, as indicated above, are far too precious for the government to dispose of them in a summary manner, without a discussion in the Parliament and without wider public consultation. The way DIPAM is going about with CPSE disinvestment defies every norm of democratic consultation with the people that lies at the core of our Parliamentary democracy. Against the above background, I appeal to you to advise the CCEA, even at this belated stage, not to go ahead with the proposed disinvestment of the BEML.”