Question : AMOUNT COLLECTED THROUGH SALE OF EQUITY



(a) the total amount collected from sale of Government equity in the Central Public Sector Undertakings during 1997, 1998 and 1999

(b) the percentage of this amount utilised for bridging fiscal deficit; and

(c) the percentage utilized for restructuing and Voluntary Retirement Schemes in each year?

Answer given by the minister


Finance Minister (Shri Yashwant Sinha)
(a) The amount received through disinvestment in the Central Public Sector Undertakings during the years 1996-97 to 1998-99 is as follows:

Year	Amount received
1996-97 380 1997-98 902 1998-99 5371
(b) & (c) The amount raised from disinvestment is credited to Consolidated Fund of India.