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You are here: Home / Archives for disinvestment

disinvestment

Government Disinvestment Turning Into Distressed Sale?

December 6, 2019 by Rajat Sharma Leave a Comment

Recently, Union Finance Minister Nirmala Sitharaman had announced the Government’s plans to raise Rs 1 lakh Cr via disinvestment by selling their equities in five PSUs – BPCL, Shipping Corporation of India (SCI), Container Corporation (Concor), Tehri Hydro Development Corporation and North Eastern Electric Power Corporation. The Cabinet Committee on Economic Affairs (CCEA) had approved…

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