The government is considering divestment of stake in four PSUs, NMDC, KIOCL, MOIL and RINL, administered by the steel ministry, as part of a broader plan to mobilise resources to meet their funding needs. In a written reply in Lok Sabha today, Minister of State for Steel A Sai Prathap said the ministry has received proposals to divest its equity in steel firm Rashtriya Ispat Nigam Ltd, besides Manganese Ore Ltd.
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