Buy Backs, Stock Exchange Listings Allowed to PSUs in Divestmentmode Rupees 30,000 Crores to Raised Through Disinvestment.
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....uy Backs, Stock Exchange Listings Allowed to PSUs in Divestmentmode Rupees 30,000 Crores to Raised Through Disinvestment. <br>News and Press Release<br>Dated:- 16-3-2012<br><BR>Press Information Burea....
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....u Government of India Ministry of Finance 16-March-2012 13:33 IST Buy Backs, Stock Exchange Listings Allowed to PSUs in Divestmentmode Rupees 30,000 Crores to Raised Through Disinvestment Herald....
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....ing the Government's evolved approach to divestment of Central Public Sector Enterprises (CPSEs), the Union Finance Minister ShriPranab Mukherjee today said CPSEs are being given a level-playing field....
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.... vis-à-vis the private sector with regard to practices like buy-backs and listing at stock exchange. Presenting the General Budget 2012-13 in LokSabha, he said the treasury management options f....
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....or CPSEs have also been enhanced, resulting in improvement in the returns on public assets, support for transparent environment for the divestment process, besides unlocking the value and resources fo....
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....r all stakeholders. The Finance Minister said, in 2011-12, as against a target of Rs 40,000 crore, the Government will raise about Rs 14,000 crore from disinvestment while for 2012-13, Rs 30,000 cror....
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....ewould be raised through disinvestment. He reiterated that while the Government is committed to enhancing people's ownership of CPSEs, at least 51 per cent ownership and management control will remain....
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....with it. DSM/BK/ska/51<BR> News - Press release - PIB....


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