Corporate
Road map for PSU disinvestment in 3-4 weeks: Finance Sec
The Finance Ministry today said a road map for disinvestment in public sector units will be brought out in three-four weeks, but there would be no strategic sale. - Firms in non-GST states to pay higher taxes - IJMA seeks reversal of 25% dilution proposal - FM says no to monetising deficit, promises reforms - FM expresses concern over volatile FII flows - Mukherjee seeks coop of all parties to implement GST in time - Details on disinvestment soon: FM The government will retain 51 per cent stake in all public sector units, Finance Secretary Ashok Chawla said. Finance Minister Pranab Mukherjee had yesterday, in his reply to the debate on the Union Budget, said: "My ministry has initiated discussions with other ministries and departments for identifying the PSUs" for disinvestment. The government has proposed to mop up Rs 1,100 crore this fiscal from divestment of stake in PSUs.quick cash loan commented:
It is really a good news fpr all that a road map for disinvestment in public sector units will be brought.It can give good flow to economy and growth in future I think.
28.12.2011
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22.03.2012