India says FY11 govt stake sale target feasible

Published on Mon, Mar 22, 2010 at 14:07 |  Source : Reuters

Updated at Mon, Mar 22, 2010 at 15:17  

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India says FY11 govt stake sale target feasible

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The government hopes to achieve the targeted Rs 400 billion (USD 8.8 billion) from stake sales for the fiscal year 2010/11, a senior finance ministry official told Reuters in an interview on Monday.

"We have already done Rs 24,000 crore (USD 5.27 billion) in government stake sales in the financial year ending March 2010," said Disinvestment Secretary Sumit Bose.

 

  

Entities: Disinvestment
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