FM Nirmala Sitharaman had in her budget for 2020-21 set a target of raising Rs 2.1 lakh crore from privatisation, sale of minority stakes in state-owned companies and share buyback by CPSEs. While Rs 1.20 lakh crore was to come from stake sale in CPSEs, Rs 90,000 crore was to be mopped up from share sale in financial institutions.
The government has garnered Rs 19,499 crore through CPSE disinvestment and share buyback so far in 2020-21, as against the Rs 2.10 lakh crore budget target set for the entire fiscal year ending March 31.
Govt vigilant, addl forces deployed at LAC
NEW DELHI, Jan 29: The Narendra Modi Government is committed to countering all forces challenging India’s sovereignty and unity and taking firm action against those inciting violence in the country, President Ram Nath Kovind said today.
Addressing a joint sitting of both Houses of Parliament on the first day of the Budget session, Kovind also said after the abrogation of the provisions of Article 370 of the Constitution, the people of Jammu and Kashmir have been empowered with new entitlements.
“My Government is committed to counter the forces challenging the sovereignty and unity of the country at every level. While on one hand development is being promoted in violence-affected areas, on the other hand, firm action is being taken against the forces inciting violence,” he said.