Thursday, 12 January 2017

Government hopeful of achieving disinvestment target- Finance Minister

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The Government has already garnered Rs 23,500 crore by divesting its stakes in PSUs so far in the current fiscal and is hopeful of achieving the FY17 disinvestment target of Rs 56,500 crore. Commenting on the issue, Manish Singh, Joint Secretary, Department of Investment and Public Asset Management (DIPAM) told the media, 

"We have already completed disinvestment valued at Rs 23,500 crore so far in the current fiscal. Thus we are confident of completing the projected disinvestment target of Rs 56,500 crore for the entire fiscal during the two-and-a- half months left before us.

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