The government on Tuesday said a shortfall of Rs 26,106 crore in receipts from disinvestment pushed the fiscal deficit for 2011-12 up 0.29 per cent. "Because of shortfall of Rs 26,106 crore from disinvestment, the fiscal deficit got aggravated by 0.29 per cent (in 2011-12)," Finance Minister Pranab Mukherjee told the Rajya Sabha in a written reply. As against the target of Rs 40,000 crore during 2012-13, the government has been able to raise only Rs 13,894 crore from sale of equity in public sector undertakings.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
