Disinvestment: Govt plans offer for sales route in six CPSEs, including Coal India
Anxious to garner more non-tax revenues in the backdrop of likely huge shortfall in tax receipts this fiscal, the Centre may sell minority stakes in half-a-dozen central public sector enterprises (CPSEs), including Coal India and Cochin Shipyard via offer for sales (OFS) route.
Other CPSEs in which it could sell stake are Hindustan Aeronautics (HAL), Bharat Dynamics (BDL), Mishra Dhatu Nigam (MDNL) and Garden Reach & Shipbuilder Engineers (GRSEL). Finance minister Nirmala Sitharam has given ‘in-principle’ approval for these OFSs.
