NDA Government has shortlisted about a dozen PSUs including IOC, National
Fertilizers, MMTC, Hindustan Copper and ITDC for stake sale to achieve
the current fiscal's disinvestment target of Rs 41,000 crore.
The Department of Disinvestment plans to divest 5-15% government stake in these state-owned companies, and has already floated a draft Cabinet note to seek nod for stake sales in certain PSUs, sources said.
As per the roadmap, 10% stake each would be diluted in Engineers India Ltd (EIL), NALCO, NMDC and Indian Oil Corporation (IOC).
As much as 15% stake would be up for sale in National Fertilizers Ltd (NFL), Hindustan Copper Ltd (HCL), India Tourism and Development Corp (ITDC), State Trading Corp (STC) and MMTC, sources added.
Besides, the government plans to dilute 5% stake each in BHEL, NTPC, Rashtriya Chemicals and Fertilizers (RCF) and Dredging Corporation (DCIL)
The Department of Disinvestment plans to divest 5-15% government stake in these state-owned companies, and has already floated a draft Cabinet note to seek nod for stake sales in certain PSUs, sources said.
As per the roadmap, 10% stake each would be diluted in Engineers India Ltd (EIL), NALCO, NMDC and Indian Oil Corporation (IOC).
As much as 15% stake would be up for sale in National Fertilizers Ltd (NFL), Hindustan Copper Ltd (HCL), India Tourism and Development Corp (ITDC), State Trading Corp (STC) and MMTC, sources added.
Besides, the government plans to dilute 5% stake each in BHEL, NTPC, Rashtriya Chemicals and Fertilizers (RCF) and Dredging Corporation (DCIL)
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