100 Per Cent divested

In October 2017, the government had invited bids from CPSEs for buying out entire 100 perent stake in HSCC, along with management control. In June 2018, NBCC had submitted a financial bid for buying HSCC. Later on Tuesday, The CCI tweeted that- the CCI approves the acquisition of 100 per cent equity shareholding in HSCC by NBCC.

Still far away from the 80,000-crore target

In the current fiscal, the government plans to raise Rs 80,000 crore through strategic sale of PSUs and so far they haven’t even reached the quarter mark. Hospital Services Consultancy Corporation (HSCC), under the Ministry of Health and Family Welfare, is engaged in the provision of consultancy services in healthcare and other social sectors in India and abroad.

HSCC (India) Limited

HSCC (India) Limited, earlier known as Hospital Services Consultancy Corporation Limited is a ‘Miniratna’ PSU under the Ministry of Health & Family Welfare. HSCC is a multi-disciplinary consultancy and procurement management service organisation working in the healthcare and other social infrastructure development sectors.