The Ministry of Shipping is not opposed to strategic divestment of the Shipping Corporation of India (SCI), news reports quoted Gopal Krishan, Shipping Secretary as saying. In 2017, the ministry had opposed the strategic divestment of SCI. It has now agreed to the proposal by the group of secretaries for dilution of stake in the national flag carrier. SCI along with a few other PSUs has been cleared for strategic sale by a group of secretaries. The government currently has over 60 per cent stake in the company.