Air India, BPCL, Concor divestments “unlikely” this fiscal: Report
Strategic divestments in Air India, Bharat Petroleum Corporation (BPCL) and Container Corporation of India (Concor) are “unlikely” this fiscal, a senior government official said on Thursday.
The Finance Ministry’s Department of Investments and Public Asset Management (DIPAM) official said that the process “throws surprises”, causing delays.
It can be noted that the government has set ambitious targets from the disinvestments in FY20 at Rs 1.05 lakh crore.
