The policy for Central Public Sector Enterprises (CPSEs) to set up joint ventures or acquire companies is set to change.This was among various measures that were approved on Wednesday by a Group of Ministers (GoM) under the Chairmanship of Finance Minister P. Chidambaram.The group, in its two meetings on April 23 and Wednesday, agreed on various recommendations of the expert panel headed by former Chairman of SAIL S.K. Roongta.“Based on these recommendations and the deliberations of the GoM, we will move to the Cabinet and come out with a fresh set of guidelines to help CPSEs function in a more competitive and transparent environment,” Heavy Industries and Public Enterprises Minister Praful Patel told reporters after the meeting.