Tag: Disinvestment

Banking Rejig

The Indian banking sector has undergone unfathomable change in the past few years. Conceived as a development financial institution in1964, Industrial Development Bank of...

Coal India arm gets nod for IPO

The Department of Investment and Public Asset Management (DIPAM) and Ministry of Coal have processed a proposal seeking approval of the alternative mechanism for...

Disinvestment

Steep fall in revenue, increase in borrowings, huge step-up in expenditure to provide succour for the Covid-19 affected population and a slowdown in economic growth had resulted in a steep spurt in fiscal deficits of the Centre and states. Privatisation and monetisation, therefore, offer an ideal panacea.

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