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5 reasons why Modi govt may miss FY15 divestment target

2014-12-17 06:03:14| Steel - Topix.net

Despite better investment appetite, the govt may find it difficult to raise Rs 43,000 crore through stake sales in FY15 he Narendra Modi-led central government has an uphill task ahead of it -- achieving the target of raising Rs 43,000 crore in 2014-15 through sale of stake in public-sector undertakings. Of that, it has so far managed to raise only Rs 1,700 crore , by divesting a 5% stake in Steel Authority of India.

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