The disinvestment division has a "guide" for weakening government stake in broad daylight segment undertakings and it will be executed, Financial Issues Secretary Shaktikanta Das said.
"They (Branch of Speculation and Open Resource Administration) have a guide. They have an arrangement and the income ought to be assembled by blend of instruments by disinvestment and in addition by transfer of specific resources of individual open division companies...There is a guide, it will be actualized," he advised columnists in answer to an inquiry.
The legislature has set a disinvestment focus of Rs 56,500 crore for the current financial. Of this, Rs 30,000 crore will originate from minority stake deal and the remaining Rs 26,500 crore from vital stake deal. It has effectively raised Rs 2,700 crore through 11.36 percent stake deal in NHPC.
Read more here: http://dollaradvisory.com
The legislature has set a disinvestment focus of Rs 56,500 crore for the current financial. Of this, Rs 30,000 crore will originate from minority stake deal and the remaining Rs 26,500 crore from vital stake deal. It has effectively raised Rs 2,700 crore through 11.36 percent stake deal in NHPC.
Read more here: http://dollaradvisory.com
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