The 2023 budget set out to achieve two main goals: Incentivising the private sector to create fresh jobs and push growth. And second, increasing the capital expenditure as well as disinvesting the government's stake in the PSUs.
In December 2014, about thousand appeals filed by the MoD against disability pensions were dismissed by the Supreme Court which had directed the govt to treat all disabled personnel alike.
This is the second time in 2023 that Bain Capital has sold a stake in the private sector lender. In June, it had sold a 0.7% stake in Axis Bank at an average price of Rs 968 apiece, aggregating Rs 2,178 crore. Prior to this, the private equity firm had sold a 1.2% stake in October 2022.
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