Welcome attention to disinvestment by S.Viswanathan
During 2019-20 the government announced an ambitious target for disinvestment. A bold plan to disinvest a number of reputed and large PSUs was announced with the target to raise handsome resources. This did not materialise during that year with the economy and the market sluggish. The Covid-19 pandemic again came in the way of proceeding ahead with the disinvestment plan. But with the stock markets booming, the government is understandably keen to proceed ahead. With just three months left in the year, the government has been quick to invite Expression of Interest (EOI) in the first stage to be followed with the invitation for bids.
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