India's Disinvestment scorecard: Govt likely to miss target 16th time in 25 years

Photo: Mint

For the sixth consecutive year and 16th time in the disinvestment’s quarter-century history, India is likely to miss its budgetary target of raising money by selling stake in public sector undertakings (PSUs).

Even after missing its targets for the past five years, the Centre set a record target of raising Rs.69,500 crore through disinvestments for fiscal 2016, comprising Rs.41,000 crore by way of minority stake sale and an additional Rs.28,500 crore from strategic sale.

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