The Cabinet Committee on Economic Affairs(CCEA) has approved the sale of 10% government shares. The government expects to get Rs. 3,840 crores by the sale. At present, the government has 78.92% shares, which will be reduced to 68.92% after the disinvestment.

The government is on a selling spree. Before the General elections, they want to sell maximum PSU shares and enrich the private big business and get maximum election funds from the corporates.