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BREAKING NEWS

Disinvestment receipts exceed Rs 1 lakh cr: Jaitley

28 Mar 2018

New Delhi March 28 (IANS) Finance Minister Arun Jaitley on Wednesday said the disinvestment receipts for FY18 had more than doubled the FY17 figure to cross Rs 1 lakh crore.



"Disinvestment receipts for FY 2017-18 exceed Rs 1 lakh crore which is higher than the figure of last year at Rs 46 250 crore " he said in a tweet.

"Government s comprehensive approach to investment management leading to seven IPOs (Initial Public Offerings) strategic mergers and acquisitions investor friendly Bharat 22 ETF (Exchange Traded Funds) minority stake sale etc is a testimony of transparent effective and accountable governance under leadership of Prime Minister Narendra Modi " he said.

--IANS
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