
Since the Modi government took office in 2014, the government has raised over ₹4.04 lakh crore through disinvestment and strategic sale of public sector enterprises, according to the Finance Ministry.
The largest amount, totaling over ₹1.07 lakh crore, was obtained through offer for sale in 59 cases. This was followed by a stake sale via Exchange Traded Fund (ETF) in ten tranches for a total of ₹98,949 crore.
In the last eight years, strategic sales in ten companies, including Air India, generated ₹69,412 crore for the government. In 45 cases, share buybacks totaled ₹45,104 crore.
Since 2014-15, 17 CPSEs have been listed, generating a total of ₹50,386 crore. The government received ₹20,516 crore from the LIC’s initial public offering (IPO).
According to the ministry, new listings resulted in an increase in market capitalisation of ₹7.31 lakh crore.
In addition, the government sold its remaining stakes in Paradeep Phosphate Ltd, IPCL, and Tata Communication for ₹472 crore, ₹219 crore, and ₹8,847 crore, respectively.