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Govt plans to wrap Indian air selling, this BPCL is fiscal

New Delhi: The Center hopes to complete the sale of pegs in Air India, BPCL and company couplings issued by the state, which have been identified, in the financial year and current expression for sale in Concor Logistics Firms estimated immediately after land rent.
The policy was resolved, Dipa Secretary Tuhin Kanta Pandey said on Wednesday.
He said the government expected RS 50,000 Crore in dividends from public sector companies in the current financial year and also worked on the plan to monetize RS 6 trillion assets and hopes to immediately come out with Gail Pipe plans.
“The Disinvestment agenda has been placed on a quick lane through the disclosure of the new PSE policy (Public Sector) policy, notified on February 4, 2021, which is expected to be an important policy for the next five years and will result in an increase in privatization in the economy”, Pandey said interactions in sessions Annual CII.
He said the main density in this year’s pipeline as underlined in the Union budget, including Air India, BPCL, Indian shipping company, BEML, Pawan Hans and Neelachal Ispat Nigam and in all of these companies, the government has received sufficient interest in the bidder, which is now in the second stage of Due-Ketekence.
“After 17 years, the country will really see privatization, since the last time in 2003-04 at that time the government was NDA,” Pandey said.
He also stressed that the government aims to make a list of insurance giants managed by the state at the end of the year.
“A MEGA list list is planned this year, which will be the biggest of its kind in the history of the Indian stock market.” The center has set the target of raising Rs 1.75 lakh Crore from the privatization of countries managed by the state in fiscal and Pandey at this time said the process was significantly influenced by the second Covid-19 wave, even though it returned to its lane now.
“Big asset monetization pipes exist where the government looks forward to the participation of the private sector.
The government also talks about the closure of the company is quite open for the first time, if it cannot be disinvedified.
In non-strategic sectors, the direction is that we privatize or close.
Therefore, so Besides NCLT, there will also be many assets offered from the public sector.

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