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The Government will try to meet the disinvestment target of Rs 54,000 crore in FY2014, said Disinvestment Secretary Ravi Mathur.
“We have a target of divesting at least 10 per cent in 44 public sector undertakings by August. “The Budget has set a target of Rs 40,000 crore for disinvestment for FY14. In addition to this another Rs 14,000 crore target has been set for disinvestment of Government equity where government is the minority shareholder,” Mathur said.
He said the Government has been able to meet the revised disinvestment target of Rs 24,000 crore for FY13. The Government raised bulk of the money from disinvestments in January when it conducted a series of offer for sale in NTPC, Oil India, RCF, raising around Rs 18,000 crore.
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