We will see a second wave of privatisation in FY21, says Dipam secy

'We are moving towards privatisation after a long time', said Tuhin Kanta Pandey

As the Department of Investment and Public Asset Management was handed its highest-ever target of Rs 2.1 trillion for 2020-21 (FY21), its Secretary TUHIN KANTA PANDEY spoke to Arup Roychoudhury a day after the Budget saying the four big privatisation transactions — Air India, Bharat Petroleum Corporation (BPCL), Shipping Corporation of India, and Container Corporation of India (Concor) — could be completed before September. Edited excerpts:

From your Revised Estimate of Rs 65,000 crore for 2019-20, you are at Rs 18,000 crore now. Which companies do you plan to divest or privatise before March 31 to reach that target?

We