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Government defers decision on PSU disinvestment through buyback

The Department of Disinvestment (DoD), which has identified about two-dozen cash rich public sector enterprises with a total balance of nearly Rs 2 lakh crore, had sought opinion of respective ministries on disinvestment through the buyback mode.

Toyota unveiled its Etios Motor Racing series at the Auto Expo 2012
Toyota unveiled its Etios Motor Racing series at the Auto Expo 2012
Amid inter-ministerial differences, the Union Cabinet on Wednesday deferred a decision on proposal of Disinvestment Department to raise Rs 40,000 crore from divestment of PSUs through buyback and other modes.
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