Professional Documents
Culture Documents
Ministry of Finance
Ministry of Finance
Department of Disinvestment
(Vinivesh Vibhag)
[Section 4(1) (b) (i)]
Right to Information Act, 2005: Particulars of Organisation, Functions and Duties of the Department of
Disinvestment (Vinivesh Vibhag).
Functions and Duties: In terms of the Government of India (Allocation of Business) Rules, 1961, as
amended from time to time, the Department is entrusted with the following functions and duties:
1. (a) All matters relating to disinvestment of Central Government equity from Central Public
Sector Undertakings.
(b) All matters relating to sale of Central Government equity through offer for sale or private
placement in the erstwhile Central Public Sector Undertakings
Note: All other post disinvestments matters, including those relating to and arising out of the
exercise of Call option by the Strategic Partner in the erstwhile Central Public Sector
Undertakings, shall continue to be handled by the administrative Ministry or Department
concerned, where necessary, in consultation with the Department of Disinvestment.
(* Note: The Disinvestment Commission has since been wound up on the 31 st October,2004.)
Organisation: The Department of Disinvestment is one of the Departments under the Ministry of Finance. The
Department has no attached or subordinate office under its administrative control. The organisation chart of
the Department is at Annexure. The office of the Department of Disinvestment is located at Blocks Nos. 11 &
14 of the CGO Complex, Lodhi Road, New Delhi.
ORGANISATIONAL STRUCTURE
DEPARTMENT OF DISINVESTMENT
MINISTER
SECRETARY
DS DIR DS CONSULTANT
DIR DIR OSD
US US US US
US US US
SO AD(OL) SO SO
Right to Information Act, 2005: Powers and Duties of officers and employees of
the Department of Disinvestment (Vinivesh Vibhag).
Powers and Duties of Officers and Employees: In terms of the Government of India
(Allocation of Business) Rules, 1961, as amended from time to time, the Department is
not entrusted with any statutory functions and duties.
The Officers and Employees of the Department of Disinvestment do not have any
statutory powers. In relation to the performance of the functions allocated under the
Government of India, (Allocation of Business) Rules, 1961, the officers and employees
of the Department of Disinvestment are required to follow the laid down procedures
and obtain approval of the prescribed authorities. In relation to running of the office
including matters relating to personnel administration, the officers and employees of
the Department have the same powers as laid down for other similar Central
Government Ministries / Departments in the relevant rules namely the Fundamental
and Supplementary Rules, the General Financial Rules, the Delegation of Financial
Power Rules etc.
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Ministry of Finance
Department of Disinvestment
(Vinivesh Vibhag)
[Section 4(1) (b) (iii)]
Note: Depending on the nature of the proposal, the cases are finally disposed of at the
competent administrative level and again, depending upon the nature of the proposal,
the cases are also required to be referred to the Internal Finance Wing, submitted to
the Core Group of Secretaries on Disinvestment and to the Cabinet or the concerned
Cabinet Committee.
Note: Depending on the nature of the proposal, the cases are finally disposed of at
the competent administrative level and again ,depending upon the nature of the
proposal, the cases are also required to be referred to the Internal Finance Wing.
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Ministry of Finance
Department of Disinvestment
(Vinivesh Vibhag)
[Section 4(1) (b) (iv)]
Norms: The procedure and norms for the substantive functions have been laid down
in the publication "Disinvestment - Policy, Procedure and Progress" (2 nd Edition,
February, 2003). The publication is placed on the website of the Department of
Disinvestment (www.divest.nic.in and www.divest.gov.in).
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Ministry of Finance
Department of Disinvestment
(Vinivesh Vibhag)
[Section 4(1) (b) (v)]
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Ministry of Finance
Department of Disinvestment
(Vinivesh Vibhag)
[Section 4(1) (b) (vi)]
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Ministry of Finance
Department of Disinvestment
(Vinivesh Vibhag)
[Section 4(1) (b) (vii)]
The nature of the functions (listed above) does not envisage interface with the
public at large.
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Ministry of Finance
Department of Disinvestment
(Vinivesh Vibhag)
[Section 4(1) (b) (viii)]
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Ministry of Finance
Department of Disinvestment
[Section 4(1) (b) (ix)]
fax-24366524
8. S.S. Das. Director Room No. 215, Block (Office) ssdas@nic.in
No.11, CGO complex 24366525
Lodhi Road, New
Delhi.
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Ministry of Finance
Department of Disinvestment
[Section 4(1) (b) (x)]
Note: The officers and employees are entitled to Pay, Grade Pay, Dearness
Allowance, House Rent Allowance and other allowances such as Transport Allowance
, Deputation Allowance at applicable rates.
All the employees residing in the Central Government Health Scheme (CGHS)
covered areas are entitled to medical facilities in Government and recognized
hospitals. Those who do not reside in an area covered by CGHS can avail the medical
facilities in the respective areas through the Authorized Medical Attendant (AMA).
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Ministry of Finance
Department of Disinvestment
(Vinivesh Vibhag)
[Section 4(1) (b) (xi)]
Right to Information Act, 2005: Statement indicating the Budget allocated each
of the agencies, particulars of all plans, proposed expenditure and reports on
disbursements made.
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Ministry of Finance
Department of Disinvestment
(Vinivesh Vibhag)
[Section 4(1) (b) (xii)]
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Ministry of Finance
Department of Disinvestment
(Vinivesh Vibhag)
[Section 4(1) (b) (xiii)]
In view of the nature of functions (listed above), the Department does not have
information reduced in electronic form for use of the public at large. However, the
details of the activities of the Department, reduced in electronic form, are displayed
on its website <www.divest.gov.in> and <www.divest.nic.in>.
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Ministry of Finance
Department of Disinvestment
(Vinivesh Vibhag)
[Section 4(1) (b) (xv)]
The Department of Disinvestment does not have any library or reading room for
the use of the public. The pubic can obtain information about the Department's
activities through the website <www.divest.nic.in> or <www.divest.gov.in>.
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Ministry of Finance
Department of Disinvestment
(Vinivesh Vibhag)
[Section 4(1) (b) (xvi)]
The particulars of the Central Public Information Officer for the Department
of Disinvestment are given below:
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