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Centre likely to incentivise stake sale in state PSUs

Synopsis The official said the incentives would be finalised soon after the passage of the budget by Parliament. Finance minister Nirmala Sitharaman had said in her budget speech the Centre would incentivise disinvestment by states. iStock Representative image NEW DELHI: The Centre could offer funds equivalent to disinvestment receipts raised by states to incentivise them to pursue stake sales in state-owned enterprises. “We are working out the incentives… We could match up the disinvestment receipts raised by them,” a senior government official told ET. The official said the incentives would be finalised soon after the passage of the budget by Parliament. Finance minister Nirmala Sitharaman had said in her budget speech the Centre would incentivise disinvestment by states.

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