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DISINVESTMENT IN CPSES
PSU closure: Govt sets in motion new move after years wasted in stop-start processThe Centre is pushing ministries to accelerate the closure of unprofitable state-owned companies. Progress has been slow despite a policy a...- Prolonged war may hit Rs 75,000 crore dividend targetThe ongoing turmoil in West Asia casts a shadow over India's revenue streams. Soaring commodity prices may squeeze the profitability of sta...
- Govt rakes in Rs 4.37 lakh cr via disinvestment since FY15: MoS for finance Pankaj ChaudharySince FY15, the Indian government has raised Rs 4,37,442 crore through disinvestment, with Rs 3,30,049 crore from minority stake sales in s...
- Focus on value creation in CPSEs, not to push disinvestment just to meet targets: DIPAM SecretaryPandey said there has been an improvement in the performance of public sector entities and markets have started valuing these entities in a...
- Budget 2024: What is a strategic sale? How is it different from disinvestment?Budget 2024: In the Interim Budget, Finance Minister Nirmala Sitharaman revised India's divestment target for FY24 to Rs 30,000 crore, down...
- Air India sale to boost privatisation; need to encourage private participation across sectors: Eco SurveyAir India sale will give a boost to India's privatisation drive, the Economic Survey said on Monday, as it suggested redefining the public ...
- View: For decades, privatisation was a dirty word in India. Not anymoreIt took 21 years to state similar objectives on disinvestment. Immense political capital had to be spent by the Atal Bihari Vajpayee govern...
- DIPAM processing non-core asset sale of BEML, Bridge & Roof: Thakur"DIPAM is presently processing the monetisation of identified non-core surplus assets of BEML Ltd and Bridge & Roof Ltd earmarked for strat...
- Ongoing strategic disinvestments of CPSEs to be outside PSE policy purviewStrategic disinvestments of Air India, Bharat Petroleum Corp Ltd, Shipping Corporation of India and BEML announced during FY21, are in vari...
- Corporatise for aggressive disinvestmentThe Economic Survey 2019-20 suggested corporatisation of divestment by forming a new entity where the government's stake in listed central ...
- Economic Survey: A Temasek-like model to put divestment on aggressive trackIn the model, the government can transfer its stake in the listed CPSEs to a separate corporate entity which would be managed by an indepen...
- Budget 2019: Disinvestment target for FY20 raised to 1,05,000 croresthe FM said that in the current environment the government will re-initiate strategic disinvestment not only for Air India but for other CP...
- Niti Aayog to draw up list of non-core assets of CPSEs for possible monetisationThe process would take about six months' time, the official added.
- Divestment: Some profitable PSUs too may be put on the blockThe Niti Aayog has already recommended a list of 23 PSUs for privatisation which are being looked at by the Department of Investment and Pu...
- Air India is a very good asset: Amitabh KantAir India doesn't have excessive staff. It has very good routes and landing rights, very good planes and many other assets, said NITI Aayog...
- 'NITI preparing cabinet note for closure of 7 more sick CPSEs'"Cabinet note is being prepared for closure of 7 more sick CPSEs," a senior government official told.
- Sick PSU units must get reasonable revival chances: Parliamentary panelIn its report, the Department Related Parliamentary Standing Committee on Industry said it is always prudent to keep in mind that CPSEs are...
- Rs 21,400 crore raised via CPSEs' disinvestment, 60% of fiscal targetDuring 2015-16, the government could manage to meet less than half the budget estimates of divestment at Rs 25,312 crore, as against the ta...
- No disinvestment proceeds for Capex needs beyond March 2012, says finance minister Pranab MukherjeeMukherjee said he would not seek proceeds from disinvestment to meet Capex needs beyond March 2012, despite global economic situation.
- Disinvestment fetches Rs 51,600 cr: White PaperThe Centre has raised Rs 51,600 crore from disinvestment of equity in the Central Public Sector Enterprises and strategic sale of state-own...
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