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Govt has scope for asset sales: Ahluwalia

June 10, 2009 14:38 IST

Govt has scope for asset sales: Ahluwalia

The Indian government can raise funds through selling up to 49 percent of the state-run (public sector) firms, Montek Singh Ahluwalia, deputy chairman of the Planning Commission, said earlier this week.

He also added that the economic outlook had improved over the past three months.

In addition, Ahluwalia told a news conference that there was a need for limiting subsidies.

Video, text: ANI


Image: Govt has scope for asset sales: Ahluwalia

Source: ANI