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    <title>Department of Investment and Public Asset Management (DIPAM) takes Key Initiatives in the last three years;</title>
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    <description>Disinvestment receipts increased markedly in 2014-15 to 2016-17 through procedural reforms enabling timely sales and reduced price disruption: a Rolling Plan replaces annual schedules, SEBI moved OFS notices to T 1, and retail reservations of up to 20% are used. The CPSE ETF bundled multi stock divestments with strong retail oversubscription. A coordinated process and timelines were established to fast track strategic disinvestment, while measures to promote digital payments and a mechanism for time bound listing of CPSEs were promulgated to unlock value and broaden public participation.</description>
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