New Delhi: In the first lot of big-ticket disinvestments, the government is aiming the stake sales of PSUs, including BPCL, SCI and Concor, among others, which have recently been cleared by the Amit Shah-led panel, at the earliest and they could be placed for cabinet approval by November-end.
Sources said that out of the three, BPCL holds the key as the government with just Rs 12,357 crore sell-off proceeds so far is far away from the ambitious target of Rs 1.05 lakh crore.
Then there is the strategic sale of Air India which is also on the agenda, but the possibility of it reaching the cabinet is not so early.
The Finance Ministry is pitching to divest the government’s 100 per cent stake in Air India when the Air India Specific Alternative Mechanism panel meets later this month, a senior ministry official said.
The ministerial panel headed by Home Minister Amit Shah held its first meeting last month
