The divestment programme of Steel Authority of India Ltd (SAIL) for the current financial year is yet to take off.
While the exercise undertaken for the divestment of Iisco, Viswesvaraya Iron & Steel Plant and the Rourkela fertilizer plant has come a cropper, the lone bid for the Salem stainless steel plant has only now been submitted.
Still, SAIL has made close to Rs 100 crore through sale of assets. It has been selling houses owned by the company to its employees.
The project - SAIL scheme for leasing of houses to employees