Tue, Sep 30, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches

India: A trillion-dollar sovereign fund without a paise spent

Posted on 02 January 2014

The government’s disinvestment programme is a failure. So far, it has raised just 3 percent of the Rs 40,000 crore it intended from the sale of equity in public enterprises in this fiscal year. Ministries do not want to let go off the companies. Disinvestment decisions are announced in advance, leading to a drop in stock prices and this in turn is used as an excuse to delay equity sale.
In unlisted companies, antiquated valuation methods are used for public offerings of equity. Is there a bigger, bolder idea here, without riling the usual prophets of doom? Yes, there is. We can create a trillion dollar India Sovereign Fund, without spending a single penny from the government’s fiscal book! Let me show you how. ……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 14845 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
September 2014
M T W T F S S
« Aug    
1234567
891011121314
15161718192021
22232425262728
2930