Cabinet approves procedure, mechanism for CPSEs' strategic disinvestment
To accelerate strategic disinvestment in central public sector enterprises (CPSEs), the Cabinet Committee on Economic Affairs (CCEA) on Thursday allowed a panel headed by Finance Minister Arun Jaitley to decide both the pricing and mode of sale of government equity in these entities.
The government had fixed Rs 80,000 crore as disinvestment target for FY19. As on February 28, it has realised Rs 56,473.32 crore. PTI