The Rangarajan Committee on Disinvestment (1993)

The Rangarajan Committee of 1993 was constituted by the government for making recommendations in context with the disinvestment.

The committee said that: The units to be disinvested should be identified and disinvestment could be made up to any level, except in defence and atomic energy where the government should retain the majority holding in equity.

• Disinvestment should be a transparent process duly protecting the right of the workers. An autonomous body for the smooth functioning and monitoring of the disinvestment programme should be established.