Government sets ₹2.1 trillion disinvestment target
- The government has been able to meet its disinvestment target only twice in the past eight years
- Disinvestment target for FY21 includes ₹90,000 cr to be raised from an IPO in LIC and IDBI Bank stake sale
NEW DELHI : The Narendra Modi administration has set an ambitious ₹2.1 trillion goal for the sale of government holding in state-run companies after scaling down the target for the current fiscal ending March, hoping the work done so far will result in deals in subsequent months.
Login to enjoy exclusive benefits!
- Unlocked premium articles
- Personalized news
- Market Watchlist
- Insightful Newsletters & more