Moneycontrol
Mar 26, 2012 03:33 PM IST | Source: CNBC-TV18

Why is govt raising debt to buy PSU shares, asks Ex-Fin Sec

Poor investor response to the recent ONGC stake auction has pushed the government into a corner, looking for ways to meet its divestment target for FY13.


Poor investor response to the recent ONGC stake auction has pushed the government into a corner, looking for ways to meet its divestment target for FY13.


And to tackle this, the Centre on Friday cleared the proposal to dismantle the Specified Undertaking of the Unit Trust of India (SUUTI).

Taking all precautions not to fail in its Rs 30,000-crore disinvestment target, SUUTI

Follow us on
Available On