Jaitley likely to pare disinvestment target


Finance Minister Arun Jaitley is likely to announce a relatively realistic disinvestment target of Rs 50,000-55,000 crore in the Union Budget for 2016-17, much lower than the current financial year's target of Rs 69,500 crore.

However, at least half of that amount - Rs 25,000-30,000 crore - could be the target for sale of the Centre's stake in loss-making state-owned companies.

Read our full coverage on Union Budget 2016

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