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Disinvestment target for 2012-13 at Rs30,000 cr: FM-news13032012

Tuesday, March 13, 2012


India plans to raise Rs30,000 crore by selling stakes in state-run firms in the fiscal year that begins on April 1, Finance Minister Pranab Mukherjee said today (March 13, 2012).

The government has also set a target of Rs25,000 crore from asset sales for the 2013/14 fiscal year, Mukherjee told the Parliament in a written reply.

Mukherjee said the projections are based on the medium-term fiscal policy laid out last year.
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