{"id":86148,"date":"2019-07-20T16:07:40","date_gmt":"2019-07-20T10:37:40","guid":{"rendered":"http:\/\/factly.forumias.com\/?p=8257"},"modified":"2019-07-20T16:07:40","modified_gmt":"2019-07-20T10:37:40","slug":"centre-raises-over-rs-10000-crore-on-net-basis-via-cpse-etf","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/centre-raises-over-rs-10000-crore-on-net-basis-via-cpse-etf\/","title":{"rendered":"Centre raises over Rs 10,000 crore on net basis via CPSE ETF"},"content":{"rendered":"\n<ol class=\"wp-block-list\"><li>The Central Government has raised over Rs 10,000 crore on a net basis from the 5th further fund offer(FFO) of the Central Public Sector Enterprises(CPSE) Exchange Traded Fund(ETF).<\/li><li>The government aims to raise Rs 1.05 lakh crore through disinvestment in 2019-20 up from Rs 85,000 crore raised last fiscal.Disinvestment is defined as the action of an organisation or government selling or liquidating an asset or subsidiary.<\/li><li>Government has constructed a fund to sell the shares in PSUs.It is called CPSE Exchange Traded Fund.The CPSE ETF is managed by Reliance Nippon Life Mutual Fund.<\/li><li><strong>CPSE ETF<\/strong> comprises shares of the 11 public sector undertaking companies which are (a)ONGC (b)Coal India (c)IOC (d)Oil India (e)PFC (f)REC (g)Bharat Electronics (h)NTPC (I)SJVN (j)NLC and (k)NBCC.<\/li><li>Exchange Traded Funds(ETF) are index funds that are listed and traded on stock exchanges just like regular shares.They are a basket of stocks with assigned weights that reflect the composition of an index.<\/li><li>The ETFs trading value is based on the net asset value of the underlying stocks that it represents.The ETF is aimed at helping speed up the government\u2019s disinvestment programme.<\/li><\/ol>\n","protected":false},"excerpt":{"rendered":"<p>The Central Government has raised over Rs 10,000 crore on a net basis from the 5th further fund offer(FFO) of the Central Public Sector Enterprises(CPSE) Exchange Traded Fund(ETF). The government aims to raise Rs 1.05 lakh crore through disinvestment in 2019-20 up from Rs 85,000 crore raised last fiscal.Disinvestment is defined as the action of&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/centre-raises-over-rs-10000-crore-on-net-basis-via-cpse-etf\/\">Continue reading <span class=\"screen-reader-text\">Centre raises over Rs 10,000 crore on net basis via CPSE ETF<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3127],"tags":[3242,750,3327],"class_list":["post-86148","post","type-post","status-publish","format-standard","hentry","category-economy","tag-cpse-etf","tag-disinvestment","tag-government","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704840714},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=86148"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86148\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=86148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=86148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=86148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}