been delayed. So far, the government has mobilised a mere Rs 1,326 crore as disinvestment proceeds from sale of shares in a few small PSUs.
It recently concluded the FPO of Power Grid Corporation and the buyback programme of NHPC. Now, the focus is on mobilising resources through buyback and special dividend from other PSUs such as BHEL, NMDC and Coal India. Market offering is also proposed for companies such as Indian Oil Corporation, Engineers India and Hindustan Aeronautics, while the sale of the government’s residual share is also proposed in case of HZL and Balco.