evidence: - The Central Government raised a total of Rs. 52,389.56 crore through disinvestment till 15thDecember, 2017 in the current Financial Year 2017-18. - With the aim of using Exchange Traded Funds as a vehicle for divestment of shares to meet the target for CPSE’s disinvestment in 2017-18 set at Rs 72,500 crore, the Government launched a new Exchange Traded Fund (ETF) by the name BHARAT 22 on 14th November 2017, managed by ICICI Prudential, targeting an initial amount of about Rs.8,000 crore. Bharat-22 is a unique blend of 22 stocks of CPSE’s, PSB’s & strategic holding of SUUTI. [...] - Some of the other major disinvestments successfully done by the Department in the FY 2017-18 are, (Source – DIPAM site)