{"id":307583,"date":"2019-12-27T12:47:22","date_gmt":"2019-12-27T07:17:22","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=307583"},"modified":"2019-12-27T13:05:14","modified_gmt":"2019-12-27T07:35:14","slug":"target-to-be-missed-bpcl-concor-strategic-sale-running-behind-schedule","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/target-to-be-missed-bpcl-concor-strategic-sale-running-behind-schedule\/","title":{"rendered":"Target to be missed? BPCL, ConCor strategic sale running behind schedule"},"content":{"rendered":"<p>Fresh doubts have emerged on whether the government will be able to conclude the Cabinet-approved strategic sales of BPCL, ConCor and Air India before the end of the current fiscal as it appears racing against time given the elaborate processes involved. Completing the disinvestment of BPCL and ConCor \u2014 which involves transfer of management control \u2014 is crucial for the revenue-hungry government to meet the FY20 disinvestment target of Rs 1.05 lakh crore and avoid a big fiscal slippage.<\/p>\n<p>The Centre\u2019s net tax revenue grew just 3.4% in April-October period of the current fiscal year, against a growth of 25.3% required to meet the budget estimate for the year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fresh doubts have emerged on whether the government will be able to conclude the Cabinet-approved strategic sales of BPCL, ConCor and Air India before the end of the current fiscal as it appears racing against time given the elaborate processes involved. Completing the disinvestment of BPCL and ConCor \u2014 which involves transfer of management control \u2014 is crucial for the revenue-hungry government to meet the FY20 disinvestment target of Rs 1.05 lakh crore and avoid a big fiscal slippage. The Centre\u2019s net tax revenue grew just 3.4% in April-October period of the current fiscal year, against a growth of 25.3% [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-307583","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/307583","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=307583"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/307583\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=307583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=307583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=307583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}