PSU disinvestment: This year the Union government hopes to earn Rs 1.05 lakh crore from dilution of its stake in the central PSUs.
Disinvestment: The Union government is hoping to garner more than Rs one lakh crore in this financial year from the sale of its shares in PSUs. In her maiden budget, finance minister Nirmala Sitharaman has estimated that the government’s disinvestment proceeds to be Rs 1.05 lakh crore, an increase of 31% over the last year’s figure. In the revised estimate for FY 2018-19, the Union government has pegged its disinvestment proceeds at Rs 80,000, the same as in the budget estimate. The government has identified 28 central PSUs for disinvestment this year. It also includes national air carrier Air India.
