Govt aims lower after missing high divestment target
- Centre may look to raise up to ₹40,000 crore via stake sales in PSUs next fiscal.
NEW DELHI : The Union government, projected to miss the disinvestment target for the fourth year in a row, may aim to raise a more “realistic" ₹30,000-40,000 crore via stake sales in state-run companies in the year starting 1 April, significantly lower than the current year’s ₹65,000 crore.
Login to enjoy exclusive benefits!
- Unlocked premium articles
- Personalized news
- Market Watchlist
- Insightful Newsletters & more