"The Shipping Ministry may shelve its earlier plans for strategic disinvestment of Dredging Corporation of India and is instead considering the possibility of merging the two PSU companies," BTVI reported on Thursday.
The government has already begun the process of selling its entire stake in DCI.
DCI is the only PSU company in dredging business and could provide cost-effective dredging solutions at competitive price for government projects to make inland waterways navigable, and build and modernise ports.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
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