Target Of Disinvestment

GOVERNMENT OF INDIA

MINISTRY OF  FINANCE

RAJYA SABHA

UNSTARRED QUESTION NO-3448

ANSWERED ON-08.05.2012

(a) whether Government has fixed any disinvestment target for the financial year 2011-12;
(b) if so, the details thereof; and
(c) the details of amount raised till date through disinvestment?

ANSWER

THE MINISTER OF STATE IN THE MINISTRY OF FINANCE
(S.S.PALANIMANICKAM)

(a) & (b) The Budget Estimates from disinvestment have been estimated at Rs.40000 crore for the year 2011-12 and Rs.30,000 crore for the year 2012-13. The estimates were revised at RE stage to Rs.13,144.55 crore.

(c) During 2011-12, an amount of Rs.13,894.05 crore was realized from disinvestment in Power Finance Corporation Limited and Oil and Natural Gas Corporation Limited. In 2012-13, till date, receipts are Rs.124.97 crore from disinvestment in National Building Construction Corporation Limited.

Twitter Link To This Post
Facebook Link To This Post
Google + Link To This Post

YS Chowdary Facebook
YS Chowdary Twitter
YS Chowdary Blog
YS Chowdary Wikipedia