Friday, January 10, 2014

Treasure improve health last times

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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