Disinvestment Prossess : More than one PSU before fiscal end
According to the finance minister Arun Jaitley , the
divestment programme would be pursued as a priority and involve more than one
PSU during this period.
His comments,made on the sidelines of the Vibrant Gujarat Summit,
come in the wake of reports that the government is looking to sell 10% stake in
Coal India to raise Rs 24,000 crore.
Promising quick decisions and a stable tax regime, Jaitley
exuded confidence that there will be a significant uptick in investments after
the reverse flow of capital seen during the last three to four years has been
In his speech at a seminar earlier in the day, Jaitley
promised laws to allow easy land acquisition, and said that Goods and Services
Tax implementation would be effected within a year.