Examining the Disinvestment of Psus in India
These days government is using disinvestment as strategic tool to raise capital. Money collected from disinvestment is used to fill the fiscal deficit and is used for other purposes. This is helping other poor performing PSUs to revive. Government made mandatory to float at least 10% in 2009. In 2010 government has again mandated to float 25 % shares of listed company for retail investors. Here we will see what is disinvestment, how it is done what are the steps […]