CPSEs yield Rs 11,300 cr to exchequer in FY'19 via sale of 'enemy shares', buybacks
Sale of 'enemy shares' and buyback of stocks by CPSEs have together yielded the government over Rs 11,300 crore, thus helping the exchequer mop up Rs 85,000 crore from disinvestment in the current fiscal -- the second highest receipt ever.
Enemy property refers to the assets left behind by people who migrated to Pakistan or China and are no longer citizens of India. Image source: PTI