India’s Finance minister Nirmala Sitharaman said that the government is planning to sell state-run airline Air India and the oil marketing company Bharat Petroleum Corporation by March 2020. The finance minister stated that the strategic disinvestment of the two state-run companies is critical for the government to meet its disinvestment target $15 billion for the current fiscal year, which ends in March, according to Business Today.
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India To Privatize Airline, Oil Companies
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