Strategic divestment of CEL, SAIL units likely to conclude by FY21 end

Tue Feb 9, 2021

Synopsis The sale of stakes in Air India, Bharat Petroleum Corp., Shipping Corporation of India, BEML and Container Corp. of India, among others, will pick up pace from March. The disinvestment target for FY22 has been set at Rs 1.75 lakh crore.

The government plans to conclude stake sales in a couple of companies before March-end even though a large majority of the ongoing strategic divestment pipeline will be completed in the next financial year.


Read more at:

https://economictimes.indiatimes.com/news/economy/policy/strategic-divestment-of-cel-sail-units-likely-to-conclude-by-fy-21-end/articleshow/80760435.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Himanshu Negi 

Delhi based writer, lover of food, oceans, and nature.

 
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