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>Indian Government Raises Rs. 30,868.39 Crore in 2019-20 via CPSE Disinvestment Using ETFs, Including Bharat-22 ETF.</h1> During the financial year 2019-20, the Indian government raised Rs. 30,868.39 crore through disinvestment in Central Public Sector Enterprises (CPSEs) via Exchange Traded Funds (ETFs). The Bharat-22 ETF, comprising shares from 15 CPSEs, 3 PSU banks, and 3 private companies, contributed significantly to this amount. The disinvestment strategy involves selling minority stakes without transferring management control, using methods like IPOs, OFS, share buybacks, and ETFs, subject to market conditions and investor interest. The net government share in these CPSEs varies, with notable holdings in companies like Bharat Petroleum Corp Ltd and Coal India Ltd.