Finmin Lines up 16 PSUs for Disinvestment
Finance Ministry has drawn up a list of 16 PSUs including ONGC , Oil India and Coal India for disinvestment in 2016-17 which could fetch the exchequer Rs 40,000 crore at current stock value. The list includes state-owned companies such as NMDC , MOIL , MMTC , National Fertilisers , NHPC , NALCO and Bharat Electronics , sources said. Based on the current market prices, the stake sales could fetch the exchequer around Rs 40,000 crore.
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