Govt will sell upto 10 in PSUs now: FM

While in NTPC and REC,5 per cent stake each was being off-loaded,it was 10 per cent in SJVN through the capital market,he said.

This apart,the Department of Disinvestment has started dialogue with the administrative ministries and the central public sector undertakings CPSUs to assess their capital expenditure requirements to be raised through issue of fresh equity in case of other public sector undertakings.

Mukherjee8217;s statement came in response to a calling attention motion by Tapan Kumar Sen CPI-M on 8220;disinvestment of government shares in profit making central public enterprises.8221;

Noting that only profit earning CPSUs will sustain investor-interest for sharing in their prosperity,the minister said,8221;Already listed profitable CPSEs not meeting the mandatory public shareholding of 10 per cent are to be made compliant.8221;