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Divestment programme revived in India’s budget

Posted by admin on Jul 6th, 2009 and filed under Business, Nation, Top Headlines. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

New Delhi, July 6 (Inditop.com) Finance Minister Pranab Mukherjee Monday revived the government’s divestment programme, promising equity of state-run enterprises in the hands of general public.

He also said that in areas like banking and insurance, specifically, the majority control in state-run companies would remain in the hands of the government with fresh infusion of equity to help them remain globally competitive.

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