National Monetisation Pipeline: The government aims to raise innovative and alternative financing for infrastructure through this.
Privatisation of Air India, BPCL, Shipping Corp of India, Pawan Hans, BEML and Neelachal Ispat Nigam Ltd would be completed this year, Pandey said
The role of the transaction advisor is to advise and assist the government on modalities of disinvestment and the timing.
Multiple bankers with experience in managing large public offerings would be hired by the government and they would decide the size of the IPO
Department of Investment and Public Asset Management (DIPAM) has said that LIC's stake would be sold along with the government's stake
The government has budgeted Rs 1.75 lakh crore from stake sale in public sector companies and financial institutions
In the revised budget estimate, the government significantly lowered the dividend receipt from the CPSEs to Rs 34,717.25 crore from Rs 65,746.96 crore
The government has exited Tata Communications by selling about 26% stake in the company for about Rs 8,846 crore as part of the disinvestment plan
"It is government's duty to support enterprises and businesses. But it is not essential that it should own and run enterprises," he said