Share of govt holding in listed companies rises 4% in March quarter

In value terms, government holding in companies listed on the NSE increased 3.69 per cent to Rs 14.13 trillion, from Rs 13.63 trillion on December 31, 2021

The share of the Government of India (GoI) as a promoter in companies listed on the National Stock Exchange (NSE) increased to 5.48 per cent as on January-March of 2021-22, from 5.25 per cent in the previous quarter (October-December) — a rise of 4.38 per cent.

The share has been on a steady downswing since June 2009, when it was 22.48 per cent as a consequence of the government’s divestment programme and insufficient new listings, taking into consideration the lacklustre performance by many central public sector enterprises, relative to their private peers.

In value terms, government holding in companies listed on the