Indian Government Halts Use of ETFs for Public Sector Disinvestment

  • The Union finance ministry halts using ETF as a disinvestment tool.
  • No ETF has been issued in the last three years; the approach previously raised significant revenue but led to oversupply.
  • CPSE-ETF and Bharat 22 ETF approaches had limited scope as many stocks reached max GOI equity level or were unavailable due to strategic disinvestment.
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