On Tuesday, the government extended the bid submission deadline for Air India\u2019s sale by two months to 30 June. Earlier, its effort to offload a big stake in Bharat Petroleum Corp. Ltd had run into trouble. With both aviation and oil sectors in crisis after covid-19 paralysed much of the world, it was unrealistic to expect buyer enthusiasm for these state-owned companies. Given the economic uncertainty, analysts are not betting on a smooth disinvestment run this year.<\/p>\n
In theory, quick sell-offs could help the Centre raise the money needed for a robust fiscal stimulus package. With demand for assets so low, however, we may need to find other ways to extract value from them. <\/p>\n","protected":false},"excerpt":{"rendered":"
On Tuesday, the government extended the bid submission deadline for Air India\u2019s sale by two months to 30 June. Earlier, its effort to offload a big stake in Bharat Petroleum Corp. Ltd had run into trouble. With both aviation and oil sectors in crisis after covid-19 paralysed much of the world, it was unrealistic to expect buyer enthusiasm for these state-owned companies. Given the economic uncertainty, analysts are not betting on a smooth disinvestment run this year. In theory, quick sell-offs could help the Centre raise the money needed for a robust fiscal stimulus package. With demand for assets so […]<\/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-348771","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\/348771","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=348771"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/348771\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=348771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=348771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=348771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}