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Public Sector Divestments To Yield Rs 8000 Crore This Year

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Our Markets Bureau BUSINESS STANDARD

The slew of disinvestments of state-owned firms lined up in 2003-04 are likely to yield a minimum of Rs 8,000 crore, according to the Mumbai-based Center for Monitoring Indian Economy.

The government has already lined up the privatisation of National Aluminium, Hindustan Petroleum, Bharat Petroleum and Maruti Udyog.

The privatisation of National Aluminium and Hindustan Petroleum would be followed by open offers, entailing an additional Rs 3,000 crore.

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First Published: Apr 14 2003 | 12:00 AM IST

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