Finance Minister Arun Jaitley on Wednesday said the disinvestment receipts for FY18 had more than doubled the FY17 figure to cross Rs 1 lakh crore.
"Disinvestment receipts for FY 2017 - 18 exceed Rs 1 lakh crore, which is higher than the figure of last year at Rs 46, 250 crore, " he said in a tweet.
"Government's comprehensive approach to investment management leading to seven IPOs (Initial Public Offerings), strategic mergers and acquisitions, investor friendly Bharat 22 ETF (Exchange Traded Funds), minority stake sale etc is a testimony of transparent, effective, and accountable governance under leadership of Prime Minister Narendra Modi, " he said.
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