Govt nod for stake sale in 4 PSUs soon

“The cabinet will consider CIL disinvestment this week or next week. The other three approvals are expected over the next few weeks,” a finance ministry offical told PTI.

He further said that the Finance Ministry is looking forward to divesting the stake in Hindustan Copper, for which cabinet approval has been sought. Besides this, the Ministry of Power is also seeking cabinet approval for disinvestment in the Power Grid Corporation, while the Ministry of Shipping wants clearance for the Shipping Corporation.

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