This Article is From Jan 31, 2013

Government lowers disinvestment target for FY13 by 10 per cent to Rs 27,000 crore

New Delhi:

The government is likely to raise Rs 27,000 crore through sale of its stake in state-run companies, 10 percent lower than the initial target for the current fiscal year ending in March, Disinvestment Secretary Ravi Mathur told reporters on Thursday.

In March last year, the government had fixed a target of Rs 30,000 crore through partial privatisation of state-run companies during this fiscal year.

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