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Enemy Property Bill to bring windfall of Rs 1 lakh crore for government

Enemy Property Bill to bring windfall of Rs 1 lakh crore for government

Friday, March 17, 2017, 9:35 AM

The passing of the Enemy Property (Amendment and Validation) Bill 2016 by both houses of parliament paves the way for the government to monetise assets worth more than Rs 1 lakh crore, which will come as a nice cushion at a time when the government is looking at ways to control the fiscal deficit.
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