On Monday, while speaking at a virtual conference organised by the Industry Chamber Confederation of Indian Industry about multinational companies operating in India.
Finance Minister Nirmala Sitharaman informed that the government is disinvesting in the state-run agencies and has planned to set a ₹2.1 trillion disinvestment target for this fiscal year.
She also informed that up till now the government has managed to raise ₹6100 crores by selling the stake in different agencies.
“Momentum of reforms shall continue. Several more active reform related steps are taken up. Financial sector is professionalised. Disinvestment agenda continues. We shall go with greater momentum in getting privatisation—that which has been cleared by the cabinet--to go forward," Sitharaman said.