Your SlideShare is downloading. ×
disinvestment in india
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×

Saving this for later?

Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime - even offline.

Text the download link to your phone

Standard text messaging rates apply

disinvestment in india

5,045
views

Published on

Published in: Business, Economy & Finance

0 Comments
3 Likes
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total Views
5,045
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
390
Comments
0
Likes
3
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. DISINVESTMENT OF PUBLIC SECTOR ENTERPRISES IN INDIA
  • 2.
    • Disinvestment – Defined
    • Disinvestment in a PSU
    • Government Policy Governing a PSU
    • Case on Disinvestment
    • 3 P’s Of Disinvestment
    • Problems In a P.S.U
    • Objectives & Methods Of Disinvestment In India
    • Facts , Remarks & Suggestions
    Neha Kumar - 64
  • 3.
    • Conversion of money or
    • cash into either : -
      • Securities
      • Bonds
      • Debentures
      • Or any other form of money
    Neha Kumar - 64
  • 4.
    • Transfer of Ownership to the
    • Government when the dilution
    • is beyond 51 %
    • Imperative for the Government
    • to sell a part of its holdings
    Neha Kumar - 64
  • 5.
    • Analyze the objective of Disinvestment process in India
    • Disinvestment Process viz-a-viz Budget Deficit
    • The VSNL Disinvestment Case
    • Core findings of the VSNL Case
    Priti Kumari - 35
  • 6.
    • Price policy
    • Under utilization of capacity
    • Problem of proper planning &
    • execution
    • Problems with labour , personnel & management
    • Lack of autonomy
    3 P’S OF ANY P.S.U Priti Kumari - 35
  • 7. Saurabh Shah - 48
  • 8.
    • Methods
    • Net Asset Method
    • Profit Earning Capacity Value
    • Method
    • Discounted Cash Flow Method
    • Government Policies
    • Bring down Govt equity to 26%
    • or lower
    • Restructuring of potential &
    • viable P.S.U
    • Close down P.S.U that can’t be
    • revived
    • Protect the interest of the
    • workers
    Saurabh Shah - 48
  • 9.  
  • 10.
    • Government had 52.97% stake
    • in V.S.N.L
    • Had a monopoly of all its
    • international long distance
    • services till 2004
    • Cash reserves & surplus of
    • more than Rs 6000 Crore
    • Had a net profit of over 800
    • Crore (1999 – 2000)
    • Had proposed to Disinvest 25%
    • of its share capital
    • Had a market capitalization of
    • Rs 10,000 Crore
    • Minimum market price of all
    • V.S.N.L shares would be
    • Rs 20,000 Crore
    Rahul Vishwanath - 39
  • 11.
    • Government’s Strategy
    • Meet the growing budget
    • deficit
    • The Government knew that they
    • could make more money by
    • selling off their assets cheaply
    • Faster realization value
    Megha Tandon - 24
  • 12.
    • No clear framework or policy
    • Disinvestment used to meet fiscal deficit
    • No transparency
    • Failure to attract foreign buyers
    Dinkar Notani - 14
  • 13.
    • Clear policy & framework for disinvestment process
    • De-link disinvestment with budgetary control exercise
    • Disinvestment process be audited by at least 2 reputed auditing firms
    Dinkar Notani - 14