Disinvestment will now gain lot of momentum: Nirmala Sitharaman

Updated:5 years, 7 months ago

New Delhi, Dec 16 (ANI): Finance Minister Nirmala Sitharaman attended day 1 of ASSOCHAM Foundation Week, via video conferencing on December 15. While speaking at the event, Sitharaman said, “You would have seen in the last 2 months the pace in which the two major disinvestment related activities, and also the others which are relatively bringing down the government share in some of the big public sector undertakings, are also simultaneously happening. The pace of disinvestment will now gain a lot of momentum and those which have already found cabinet approval will be taken up with all earnestness.” “So disinvestment will be happening, corporatisation of not just the defence, DRDO related labs but also banks - where I want them to run a lot more professional, they should also be able to raise money from the market,” FM added on the day 1 of the event.

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Disinvestment will now gain lot of momentum: Nirmala Sitharaman

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