CONCOR disinvestment called off

The disinvestment of the Container Corporation of India has been called off on account of internal differences over the proposed move. Ad­ditio­nally, Indian Railways has reservations about bringing on board a strategic investor into the company. The Department of Invest­ment and Public Asset Management (DIPAM) may soon approach renew efforts at inter-ministerial consensus. However, the reservations of the IR and issues related to the new land licence fee policy could hamper the process.