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Disinvestment of large PSUs

Welcome attention to disinvestment by S.Viswanathan

During 2019-20 the government announced an ambitious target for disinvestment.  A bold plan to disinvest a number of reputed and large PSUs was announced with the target to raise handsome resources. This did not materialise during that year with the economy and the market sluggish. The Covid-19 pandemic again came in the way of proceeding ahead with the disinvestment plan. But with the stock markets booming, the government is understandably keen to proceed ahead. With just three months left in the year, the government has been quick to invite Expression of Interest (EOI)  in the first stage to be followed with the invitation for bids.

To read the complete article..
Interested reader may access the complete article (Page 5) in the Industrial Economist January 2021 issue. Click here for Digital Edition
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