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FM sticks revenue stamp: Disinvestment targets treble in new Budget

Sunday, February 2, 2020, 11:41 AM

The government has trebled the target for disinvestment proceeds from Rs 65,000-crore (revised estimate) in 2019/20 to Rs 210,000-crore in 2020/21. This is a huge-jump in the budget estimate for 2020/21 given the government has to revise downward its 2019/20 budget-estimate of Rs 105,000-crore to Rs 65,000-crore. Till December 2019, government has received only Rs 18,000-crore worth of disinvestment proceeds.

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