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:
This recommendation led to the Disinvestment Commission in 1996 as an advisory body having a full time chairman and four part-time members. The Commission was required to advise the government on the extent, made, timing and princing of disinvestment.
Disinvestment Commission (1996)
Disinvestment Commission (1996) under GV Ramakrishna identified 58 CPUs for purpose of disinvestment and suggested that the long term disinvest policy should stress that on minimizing budgetary support to unprofitable PSUs.