Government has to maintain 51% equity in profit making government companies - Economics
Q. According to action plan for disinvestment in profit making government companies, how much equity government has to maintain?- Published on 10 Jul 15a. 49%
b. 50%
c. 51%
d. 75%
ANSWER: 51%
In all cases of disinvestment, the Government would retain at least 51% equity and the management control.