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Divestment Panel To Decide On Eight PSU Strategic Sales Today: BQ Blue Exclusive
The government has set a divestment target of Rs 1.05 lakh for the ongoing fiscal ending March.
18 Oct 2019, 01:05 AM IST 
The North Block of the Central Secretariat building, which houses the Ministries of Finance and Home Affairs, stands in New Delhi, India. (Photographer: Prashanth Vishwanathan/Bloomberg)
A group of secretaries will meet on Oct. 18 to consider cutting the government’s holding below 51 percent in at least eight public-sector companies, a person familiar with the matter said, as the Modi administration looks to bridge the budget gap.Among the state-owned firms to be considered for the strategic sale are the nation’s largest fuel refiner-retailer Indian Oil Corporation Ltd. and the biggest power producer NTPC Ltd., the p...
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