Vibrant Gujarat Summit: Govt to sell stake in more than 1 PSU by March-end, says Arun Jaitley

With less than three months left in the current fiscal, Finance Minister Arun Jaitley today said the divestment programme would be pursued on priority and involve more than one PSU during this period.

The comments follow media reports that the government is looking to sell 10 per cent stake in Coal India to raise Rs 24,000 crore.

The government has realised Rs 1,715 crore from disinvestment proceeds so far in the current fiscal 2014-15, for which it had set a target of Rs 43,425 crore from sale of its shares in listed companies.

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