Setting the stage for monestising "enemy properties " the union cabinet in Thursday gave an in-principle clearance for the same of 6.50 crore shares valued at around Rd 3,000 crore in 1968 belonging to those people who left india for Pakistan and China after the war.
The department of investment and public asset management has been authorised to sell 6,50,75,877 "enemy" shares in 996 companies of 20,323 shareholders, which are at present under the custodian of enemy property of India (CEPI) of the 996 companies, 588 are functional companies.
The department of investment and public asset management has been authorised to sell 6,50,75,877 "enemy" shares in 996 companies of 20,323 shareholders, which are at present under the custodian of enemy property of India (CEPI) of the 996 companies, 588 are functional companies.
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The govt sell