The Department of Disinvestment, probably the one department working for day and night for disinvestment of PSUs, has circulated a cabinet note to the concerned ministries proposing to sell 10% shares of coal India limited (CIL) for Rs. 20,000 crore, through Offer for sale (OFS) route.  At present CIL is having 90% shares with it.

There need not be any doubt about early clearance of the same by the cabinet. A government which wants every PSU to be sold for the benefit of corporates will be eagerly waiting to get the note to approve it.

No ‘family silver’ will be with government, if a five-year more term is given to the UPA.