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Govt to send slew of proposals to cabinet
January 17, 2013January 17, 2013by In Infrastructure Finance

Govt to send slew of proposals to cabinet

Union government would send a series of proposals to the cabinet. Among the proposals are the plan to launch a public sector undertaking (PSU) ETF (exchange traded fund). The cabinet would also receive a proposal to ease the offer for sale (OFS) norms to facilitate easier trades through this mechanism. The ministry is also moving a cabinet note to use the disinvestment proceeds for capitalisation of state-owned bank