{"id":292317,"date":"2019-09-18T05:11:44","date_gmt":"2019-09-18T05:11:44","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=292317"},"modified":"2019-09-18T05:11:44","modified_gmt":"2019-09-18T05:11:44","slug":"opinion-how-to-set-the-sell-off-ball-rolling-once-again","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/opinion-how-to-set-the-sell-off-ball-rolling-once-again\/","title":{"rendered":"Opinion | How to set the sell-off ball rolling once again"},"content":{"rendered":"<p>The government is reportedly drawing up plans to sell its stake in several state-run companies as part of its disinvestment programme for this financial year. A clutch of companies has been identified for the sale of minority stakes, and a list of companies for strategic disinvestment\u2014where the government hopes to reduce its ownership to a minority holding\u2014has also been sent to the Prime Minister\u2019s Office for approval. Now that half this financial year is almost over, the urgency to fast-track these sales couldn\u2019t have been any higher. Of the \u20b91.05 trillion disinvestment target set for 2019-20, only \u20b912,357 crore, or 12%, has been raised so far. Of course, the government could always engineer a last-minute rescue, by having one state-run company buy the stake of another\u2014like the ONGC-HPCL deal last year\u2014or by having Life Insurance Corporation subscribe to share offerings, but such a strategy could erode the agenda\u2019s credibility. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government is reportedly drawing up plans to sell its stake in several state-run companies as part of its disinvestment programme for this financial year. A clutch of companies has been identified for the sale of minority stakes, and a list of companies for strategic disinvestment\u2014where the government hopes to reduce its ownership to a minority holding\u2014has also been sent to the Prime Minister\u2019s Office for approval. Now that half this financial year is almost over, the urgency to fast-track these sales couldn\u2019t have been any higher. Of the \u20b91.05 trillion disinvestment target set for 2019-20, only \u20b912,357 crore, or [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-292317","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/292317","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=292317"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/292317\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=292317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=292317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=292317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}