The Union government may look at the strategic sale of Hindustan Copper Limited, even as it has asked about eight public sector firms to go for share buybacks, in a bid to meet the ambitious disinvestment target of Rs 2.1 trillion for 2020-21.
NITI Aayog Vice-Chairman Rajiv Kumar is set to chair a meeting on October 27 to discuss the possibility of strategic disinvestment of Hindustan Copper, according to a document reviewed by Business Standard.
The NITI Aayog makes recommendations on strategic sales of state-owned units to the government.
Besides, the government will revive old strategic sale plans to mop up revenues. It