THE GOVERNMENT WILL move ahead with strategic sale of Shipping Corporation, BEML and BPCL in the next financial year, besides initial public offering of three public sector companies, including ECGC, a top government official said.
The FY23 Budget has projected a disinvestment target of ₹65,000 crore for next financial year. This is significantly lower than the estimated ₹1.75 lakh crore budgeted for FY22. In the revised estimates, the target for FY22 has been cut to ₹78,000 crore.
This story is from the February 04, 2022 edition of Financial Express Mumbai.
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This story is from the February 04, 2022 edition of Financial Express Mumbai.
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