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Government has garnered Rs 12,357.49 crore from disinvestment: DIPAM

Monday, July 29, 2019, 5:10 PM

The government has so far garnered Rs.12,357.49 crore from disinvestment, official data stated. "During the current financial Year 2019-20 so far Rs.12,357.49 crore has been obtained through disinvestment transactions", said the DIPAM (Department of Investment and Public Asset Management) data. Last fiscal, the government had realised Rs.84,972.16 crore as disinvestment proceeds against the BE of Rs.80,000 crore during the financial year 2018-19.
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Trinamool Lawmakers Protest Against Disinvestment In Rajya Sabha

Monday, July 8, 2019, 7:22 PM

Trinamool Congress members in Rajya Sabha sought to disrupt proceedings of the House by entering the well and raising slogans to protest disinvestment of public sector companies. Some TMC members, including Derek O'Brien and Sukhendu Sekhar Roy, were also on their feet and repeatedly asked the Chair to permit them to raise the issue of disinvestment of state-run firms during the Zero Hour.
 
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Govt unlikely to substantially loosen the fiscal deficit target, says CLSA

Wednesday, July 3, 2019, 9:07 PM

The government is unlikely to substantially loosen the fiscal deficit target for the current financial year even though a weakening economy has raised expectations of a fiscal boost, said foreign-brokerage CLSA. The Union Budget for FY20 will be presented by Finance Minister Nirmala Sitharaman on Friday. The government had set a fiscal deficit target of 3.4% for FY20 in the interim Budget in February.

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