Why the Govt Is Keen on Disinvestment ; with Tax Collections Likely to Fall Short of Targets, Disinvestment Receipts Will Be Key to Keeping the Govt's Fiscal Deficit under Control. Also, Achieving the Target of Raising Rs 30,000 Crore in 2012/13 through Stake Sales Will Establish the Govt's Willingness to Push through Reforms

On October 8, Finance Minister P. Chidambaram underscored the government's commitment to meeting the target of raising Rs 30,000 crore in 2012/13 through stake sales in state-run companies. "We have lined up all disinvestment cases for the next six months," he said at the Economic Editors' ... (Publication: Business Today)