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IRCTC, IRCON, IRFC to be listed on bourses: Jaitley during Budget address

Government will continue to use the ETF route for disinvestment of PSUs

Press Trust of India  |  New Delhi 

Government will move ahead with the listing of Railway PSUs — IRCTC, IRCON and IRFC — and come out with a procedure for a time-bound listing of Central Public Sector Enterprises (CPSEs). In his Budget speech on Wednesday, Finance Minister Arun Jaitley said the government will look at consolidation option for public sector units (PSUs) and a new CPSE Exchange Traded Fund (ETF) in 2017-18. "We will come out with procedure for a time-bound listing of CPSEs. IRTC, IRFC, IRCON to be listed. For CPSEs we will seek opportunities through consolidation," Jaitley ...

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First Published: Wed, February 01 2017. 13:02 IST
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