Indian government disinvested Rs 16,507 crore from 10 state-owned companies in 2023-24, falling short of the Rs 51,000 crore target.
The Indian government raised $1.98 billion (Rs 16,507 crore) from disinvesting stakes in 10 state-owned companies during the 2023-24 fiscal year, falling short of its projected target of Rs 51,000 crore and the revised estimates of Rs 180 billion. The government's target for disinvestment proceeds has been met only twice in the last decade, while the current fiscal year does not have a set target.
April 01, 2024
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