Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>India Expects Record Rs. 1 Lakh Crore from 2017-18 Disinvestment; Targets Rs. 80,000 Crore for 2018-19 with Major Reforms.</h1> A record Rs. 1 lakh crore is expected from disinvestment in 2017-18, surpassing the Rs. 72,500 crore target. The government aims for Rs. 80,000 crore in 2018-19, with strategic disinvestment in 24 CPSEs, including Air India. The Bharat-22 ETF was oversubscribed, raising Rs. 14,500 crore. A bank recapitalization program, issuing Rs. 80,000 crore in bonds, will enable public sector banks to lend an additional Rs. 5 lakh crore. Reforms include allowing strong Regional Rural Banks to raise market capital, transferring National Housing Bank equity to the government, and amending various acts to enhance financial regulation and streamline procedures.