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<b>Road map for PSU disinvestment in 3-4 weeks: Finance Sec</b>

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Press trust of India New Delhi
Last Updated : Jan 20 2013 | 10:14 PM IST

The Finance Ministry today said a road map for disinvestment in public sector units will be brought out in three-four weeks, but there would be no strategic sale.     

The government will retain 51 per cent stake in all public sector units, Finance Secretary Ashok Chawla said.     

Finance Minister Pranab Mukherjee had yesterday, in his reply to the debate on the Union Budget, said: "My ministry has initiated discussions with other ministries and departments for identifying the PSUs" for disinvestment.     

The government has proposed to mop up Rs 1,100 crore this fiscal from divestment of stake in PSUs.

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First Published: Jul 15 2009 | 3:05 PM IST

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