RCF, NFL share sale by Dec, govt to get Rs 1,200 cr

The government has set an ambitious target of raising Rs 1.75 lakh crore from divestment in 2021-22, higher than Rs 38,000 crore it raised last fiscal. Most disinvestment proceeds will be raised by selling stake and management control in companies like Bharat Petroleum Corp Ltd, Air India, Shipping Corp of India and by listing Life Insurance Corp.

from Markets-Economic Times https://ift.tt/3BgDj0o