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Disinvestment department is doing overtime to sell the family silver of the government. The latest is the sale of shares in PSUs, NTPC and Indian Oil.
It is reported that the Government has decided to sell 10% of share in IOC and 5% shares in NTPC, which is expected to fetch the government about Rs. 13,800 crores.
Will the government use a portion of these sale money to help the loss making PSUs like BSNL and MTNL. The sale money is of PSU and it can be used to help another PSU.
Is the government hearing?