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Government Simplifies Process For Stake Sales Of State-Run Companies

The government was forced to shelf plans to sell national airline Air India last year after failing to attract a single bidder.

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Government Simplifies Process For Stake Sales Of State-Run Companies

The Centre has been working to privatise often loss-making public companies


New Delhi: 

The government has approved a legislation that will simplify the sale of the government's stakes in state-run companies, Finance Minister Arun Jaitley said on Friday.

The Centre has been working to privatise often loss-making public companies, but was forced to shelf plans to sell national airline Air India last year after failing to attract a single bidder.



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