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Govt targets Rs 30,000 crore from asset sales in FY13

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Reuters New Delhi
Last Updated : Jan 21 2013 | 2:31 AM IST

The government plans to raise Rs 30,000 crore by selling stakes in state-run firms in the fiscal year that begins on April 1, Finance Minister Pranab Mukherjee said on Tuesday.

The government has also set a target of Rs 25,000 crore from asset sales for the 2013-14 fiscal year, Mukherjee told lawmakers in a written reply.

Mukherjee said the projections are based on the medium-term fiscal policy laid out last year.

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First Published: Mar 13 2012 | 1:10 PM IST

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