All market options open on divestment: Centre

Only 78 days left in financial year, govt scrambles to meet rest 60% of target

The Narendra Modi government plans to take a shot at the ambitious disinvestment target set for the 2016-17. The Centre has set an ambitious disinvestment target of Rs 56,500 crore and has so far achieved around Rs 23,000 crore, or 40 per cent. It is worth mentioning that the government has invariably fallen short of the meeting the disinvestment targets in the past.

A senior official in the Department of Investment and Public Asset Management (Dipam) said the government has all the options on the table including strategic share sale, minority disinvestment and further stake sale in Suuti (Specified Undertaking of