The Centre hopes to complete stake sales in Air India, BPCL and a clutch of state-run companies, that have been identified, in the current financial year and expression for interest for sale in logistics firm Concor is expected shortly after the land lease policy is finalised, DIPAM secretary Tuhin Kanta Pandey said on Wednesday.
He said the government expects Rs 50,000 crore in dividends from public sector companies in the current financial year and is also working on a Rs 6 trillion asset monetisation plan and hopes to come out with plans for GAIL pipelines soon.
“The disinvestment agenda has been put on the fast track through the unveiling of the new PSE (public sector enterprises) policy, notified on February 4, 2021, which is expected to be an important policy for the next five years and will result in an increase in privatisation in the economy”, Pandey told an interaction at the annual session of CII.
