{"id":466081,"date":"2022-02-04T09:14:22","date_gmt":"2022-02-04T03:44:22","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=466081"},"modified":"2022-02-04T09:36:30","modified_gmt":"2022-02-04T04:06:30","slug":"sci-bpcl-among-cpses-to-be-privatised-in-fy23-3-ipos-lined-up-dipam-secy","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/sci-bpcl-among-cpses-to-be-privatised-in-fy23-3-ipos-lined-up-dipam-secy\/","title":{"rendered":"SCI, BPCL among CPSEs to be privatised in FY23; 3 IPOs lined up: DIPAM Secy"},"content":{"rendered":"<p>The government will move ahead with strategic sale of Shipping Corporation, BEML and BPCL in the next financial year, besides initial public offering of three public sector companies, including ECGC, a top government official said.<\/p>\n<p>The 2022-23 Budget has projected a disinvestment target of Rs 65,000 crore for next financial year. This is significantly lower than the estimated Rs 1.75 lakh crore budgeted for 2021-22. In the revised estimates, the target for 2021-22 has been cut to Rs 78,000 crore.<\/p>\n<p>Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey said the next year&#8217;s target would be met by a mix of minority stake sale in CPSEs, listing of CPSEs and strategic sale.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government will move ahead with strategic sale of Shipping Corporation, BEML and BPCL in the next financial year, besides initial public offering of three public sector companies, including ECGC, a top government official said. The 2022-23 Budget has projected a disinvestment target of Rs 65,000 crore for next financial year. This is significantly lower than the estimated Rs 1.75 lakh crore budgeted for 2021-22. In the revised estimates, the target for 2021-22 has been cut to Rs 78,000 crore. Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey said the next year&#8217;s target would be met [&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":[135,130,169],"tags":[],"class_list":["post-466081","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/466081","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=466081"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/466081\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=466081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=466081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=466081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}