Going Cheap: Ia For Rs 73 Crore, A-I Rs 241 Crore, Cmc Rs 31 Crore
The department of disinvestment (DoD) has valued the stake being divested by the government in about 13 PSUs at just Rs 3,915 crore.
The valuation, proposed in an internal DoD document of May 2001, is based on the net worth of the companies on March 31, 2000.
The DoD, for instance has valued the 51 per cent stake which the government is planning to sell in Indian Airlines at only Rs 73 crore.
On the other hand, it is expecting just Rs 241.18 crore from selling the government