Economy

‘Divestment target will be missed’

Our Bureau New Delhi | Updated on September 30, 2020 Published on September 30, 2020

The government has finally admitted that the disinvestment target for 2020-21 will not be met.

“Obliviously, ₹2.1-lakh crore will not come and we anticipated a lower amount and taking that into account, we have now worked out our borrowing,” Economic Affairs Secretary Tarun Bajaj said here on Wednesday.

This admission came on the day the government extended the date for submitting expressions of interest (EoI) by potential bidder to buy its stake in BPCL.

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on September 30, 2020
  1. Comments will be moderated by The Hindu Business Line editorial team.
  2. Comments that are abusive, personal, incendiary or irrelevant cannot be published.
  3. Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
  4. We may remove hyperlinks within comments.
  5. Please use a genuine email ID and provide your name, to avoid rejection.