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Finance ministry following a calibrated disinvestment strategy
India's finance ministry is strategically divesting stakes in public sector enterprises. This has boosted market capitalization by 3.6 times in three years. Dividend payouts reached a record Rs 63,749 crore. The government collected Rs 8,625 crore this fiscal year from stake sales. The combined divestment and asset monetization target is Rs 50,000 crore for 2024-25.
The finance ministry on Monday said it’s following a “calibrated disinvestment strategy” through the listing of central public sector enterprises (CPSEs) as well as gradual dilution of minority stakes via the stock market, aligned with interest of minority shareholders.
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