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Finance ministry following a calibrated disinvestment strategy
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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.
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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