Government will soon come out with a policy on strategic sale of state-owned companies. Disinvestment Secretary Neeraj Kumar Gupta told this to reporters in New Delhi today. He said, the disinvestment will not be confined to loss making enterprises. Under the strategic sale, the equity of the company is sold along with the controlling management. However, the quantum of stake to be sold can vary from place to place and company to company.Finance Minister Arun Jaitley in 2015-16 Budget had said the government will raise 28,500 crore rupees by way of strategic stake sale. But with no specific policy detailing how to select a PSU for strategic stake sale, the disinvestment department could not go ahead with selling any PSU so far this fiscal.