Govt to sell stake in 2 banks, 1 insurer

February 01, 2021 12:14

Barring four strategic areas, PSUs in other sectors will be divested, says FM announcing the government's new disinvestment policy.

Two PSBs and one general insurance company to be divested, legislations amendments to be introduced in this session.

FM says NITI Aayog to be asked to work on the next list of central public sector companies for disinvestment.

Disinvestment receipts put at Rs 1.75 lakh cr for fiscal year beginning April 1, 2021.

BPCL, Air India, Shipping Corp, Container Corp and other disinvestments will be completed in 2021-22, announces FM Sitharaman.

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