With elections in ill health prevents you from Treasure improve the central government has been running the last stake . Major public companies in the last two months by selling its stake in the treasury is trying to fill the air . From now until March, the government PSU disinvestment in four public sector will take off in the market .Fiscal deficit of 4.8 per cent in fiscal 2013-14 budget having to work hard to stop at the Finance Ministry . By November, 94 per cent of the fiscal deficit target has been reached . From this point until the end of March until the deficit target of Rs 542 499 crore will be hard to stop . That is why the Ministry of Finance before going into the election coffers in any way to show the condition is corrected .
The government believes that the economy did not improve the picture had already turned against him in the election environment will worsen . So Finance Minister P Chidambaram economy in terms of data fit in every situation - you want to keep fit . However , the Finance Minister had proposed cutting spending ministries . But the elections approach, many of the government ministers had raised the flag against Chidambaram's proposal . Finally, in view of the Treasures of political compulsion health supplement government is focusing on other options .
This link is the Ministry of Finance in January, Indian Oil ( IOC ) and Engineers India ( Iaiel ) has decided to sell its stake . Bharat Heavy Electricals Ltd ( BHEL) will be launched in February . Apart from Hindustan Aeronautics in March, the government is proposing to sell a stake . For the current financial year , the government proposed to raise Rs 40,000 crore from disinvestment .Ministry of Finance, Economic Affairs Secretary Arvind maayaaraam Speaking to the news agency confirmed that in the next three months, these companies will be launched for sale . Indian Oil and Engineers India plans to sell ten per cent equity in the market . IOC to issue Rs 500 crore from Rs 5,000 crore and is expected to Iaiel . In addition, ten per cent stake in Hindustan Aeronautics BHEL at Rs 3,000 crore and Rs 2,000 crore by selling equity in the amount of five per cent is expected .
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