{"id":375405,"date":"2020-09-26T11:07:57","date_gmt":"2020-09-26T05:37:57","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=375405"},"modified":"2020-09-26T11:07:57","modified_gmt":"2020-09-26T05:37:57","slug":"bpcl-sale-may-be-delayed-to-next-fiscal-year-worsening-federal-deficit-woes","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bpcl-sale-may-be-delayed-to-next-fiscal-year-worsening-federal-deficit-woes\/","title":{"rendered":"BPCL sale may be delayed to next fiscal year, worsening federal deficit woes"},"content":{"rendered":"<p>NEW DELHI: India&#8217;s efforts to privatise refiner Bharat Petroleum Corp. Ltd. could spill over into the next fiscal year, according to a government document and sources, hurting New Delhi&#8217;s efforts to rein in a ballooning fiscal deficit.<\/p>\n<p>The privatisation of key companies, including BPCL, is a key part of government plans to pare the fiscal deficit, which has breached its target level just four months into the current fiscal year. Industry sources last year estimated the government&#8217;s 53.29% stake in BPCL could fetch $8 billion to $10 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: India&#8217;s efforts to privatise refiner Bharat Petroleum Corp. Ltd. could spill over into the next fiscal year, according to a government document and sources, hurting New Delhi&#8217;s efforts to rein in a ballooning fiscal deficit. The privatisation of key companies, including BPCL, is a key part of government plans to pare the fiscal deficit, which has breached its target level just four months into the current fiscal year. Industry sources last year estimated the government&#8217;s 53.29% stake in BPCL could fetch $8 billion to $10 billion.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-375405","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/375405","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=375405"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/375405\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=375405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=375405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=375405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}