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Our Bureau

New Delhi , Jan. 22

THE Finance Minister, Mr P. Chidambaram, and the Minister for Heavy Industries and Public Enterprises, Mr Santosh Mohan Dev, will meet on Tuesday to discuss the modalities of selling a part of Government stake in BHEL and Maruti Udyog.

Mr Dev told newspersons here that he is in favour of selling a 10 per cent stake in BHEL and 5 per cent in case of Maruti. The funds raised though the sale would be used to reduce the Budget deficit, he said.

Mr Dev also said that he would try to ensure that some portion of the money raised through selling stake in these companies to fund rural employment schemes and other developmental activities.

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