Govt plans to sell 10 pct stake in Hindustan Aeronautics

NEW DELHI (Reuters) - The new government plans to sell a 10 percent stake in Hindustan Aeronautics Ltd this fiscal year ending March, Finance Minister Arun Jaitley said on Friday.

Jaitley also said the government would sell stakes in state-run companies such as Steel Authority of India Ltd and Rashtriya Ispat Nigam Ltd to bolster its finances.

(Reporting by Rajesh Kumar Singh; Editing by Subhranshu Sahu)