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Government likely to target about $11 billion from state asset sales in 2019-20 fiscal year

Updated : January 22, 2019 10:51 PM IST

The target, which is the same as for the current financial year, includes proceeds from the expected privatisation of loss-making national carrier Air India, and the sale of an insurer to be created by the merger of three state-owned firms, the sources said.
It will also involve the sale of units in an exchange traded fund consisting of minority stakes in about 20 state-owned companies, they said.
Government likely to target about $11 billion from state asset sales in 2019-20 fiscal year
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