Govt aims to raise ₹3.2 tn from stake sales in PSUs over five years2 min read 12 Jul 2019, 06:21 PM IST
The plan will open up a steady stream of state companies to greater private investment
Narendra Modi's administration already sold government stakes in a host of companies to raise a record $40.92 billion in his first five-year term
NEW DELHI : The Indian government has plans to raise as much as 3.25 trillion rupees ($47.4 billion) in the next five years by reducing its stakes in some large state-owned firms to 40%, two senior government officials told Reuters, in the nation's biggest privatisation push in more than two decades.
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