Government on Disinvestment Spree
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Compulsory Disinvestment of PSUs up to 25%
This Finance Ministry has decided that 25% public holdings is mandatory in all listed companies including PSUs.
This means that all listed PSUs have to ensure that there in at least 25% disinvestment. There are about 180 companies including 35 listed PSUs which are having less than 25% public holdings. These 35 PSUs will be compelled to increase disinvestment up to 25%.
Railways on the privatization mode.
Railways has started privatization in a big way. It notified two schemes on 4-6-2010 which will allow private players to build railway tracks and terminals on private land and earn freight charges as also allow special private freight trains to operate for transport of commodities.
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