Department of Public Enterprises comes under Finance Ministry

  • The government has brought Department of Public Enterprises (DPE) under the Finance Ministry in a bid facilitate its ambitious disinvestment programme.
  • As per the gazette notification, these rules may be called the Government of India (Allocation of Business) Three Hundred and Sixty First Amendment Rules, 2021.
  • Earlier, DPE was part of Ministry of Heavy Industries and Public Enterprises.
  • With the addition, this will be the sixth department under the Finance Ministry. Others being
    • Department of Economic Affairs
    • Department of Expenditure
    • Department of Revenue
    • Department of Financial Services
    • Department of Investment and Public Asset Management