Disinvestment Targets in Budget 2019-20 and progress so far

The government in Union Budget (2020-21) increased the disinvestment target from 1, 05,000 crore to 2,10,000 crore.

Progress thus far (till 20 January 2020)

• Only 18,094 crores have been realised of disinvestment proceedings. Major PSUs which were set off were as following –

1. Rail Vikas Nigam Limited – 475.89 crore via Initial Public Offering
2. Central Public Sector Enterprise (CPSE) – Exchange Traded Fund (ETF) – 10000 crore via Further Fund Offer (FFO-5)
3. IRCTC – 637 crore via FFO-2
4. RITES – 10% share disinvested for 730 crore via Offer For Sale (OFS)
5. Enemy Shares- 1881 crore (data up to Budget 2020-21)

• Enemy property or shares are ....