The Bharat 22 and Central Public Sector Enterprises (CPSE) Exchange Traded Funds (ETFs), launched over the last two years as part of the government's disinvestment programme, are performing better than the Indian stock exchanges owing to the Centre's clear cut policy favouring investors, a top official said on Monday.
At a post-budget interaction here organised by industry chamber Ficci, Investment and Public Asset Management Secretary Neeraj Kumar Gupta said the government's stalled divestment programme had now taken shape and a number of state-run enterprises were in the pipeline for privatisation.