Privatisation of public sector units to drive divestment receipts: MoS

Finance ministry says scope for minority stake sale has declined

From now onwards, privatisation would be the primary mode of disinvestment receipts, Parliament was informed on Monday.

With disinvestment over a period of time, the scope for minority stake sale has declined, minister of state for finance Bhagwat Kishanrao Karad told the Lok Sabha in a written reply.

He said disinvestment of government equity in public sector units depends largely on market sentiment, investor interest and market valuation of stocks.

Disinvestment receipts constituted 0.95-4.68 per cent of the total receipts of the Centre during 2014-15 to 2020-21, according to data given by the minister in the House.

While the proportion