Financial Daily from THE HINDU group of publications
Friday, Dec 30, 2005
News
Features
Stocks
Shipping
Archives
Google

Group Sites

 Industry & Economy - Disinvestment
Government - Politics


`Govt in talks with Left parties on disinvestment'

Our Bureau

New Delhi , Dec 29

THE Finance Minister, Mr P. Chidambaram, on Thursday said the Government was in "talks" with the Left Parties on disinvestment in some non-navratna public sector undertakings (PSU).

"We are discussing with the Left parties. These are ongoing discussion on the matter. They have said that the Government should keep out navratnas from disinvestment. As and when a decision is taken, we shall announce it," the Finance Minister told newspersons after a Cabinet meeting.

Asked whether any disinvestment proposal was discussed in the Cabinet on Thursday, the Finance Minister replied in the negative.

On whether any disinvestment would take place during the current fiscal, the Finance Minister said that the timing did not matter as the proceeds would go to the National Investment Fund (NIF) and could not be accounted for budgetary purposes.

More Stories on : Disinvestment | Politics

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
IT's hungry for more and more talent

Consumer durables sector ends year on a high note
Cabinet gives nod for SAFTA — `Major step for trade integration with neighbours'
Wockhardt Hospitals in pact with US insurer
SPV for Mangalore SEZ project by Jan 15
Iran hopes to get official nod soon for LNG deal with India — Tapping European technology for liquefaction of gas
`LNG will power industrial growth in South' — Petronet to get Kochi plant ready by 2009
From April, MRP on drugs may include all taxes — Notification amending DPCO soon
Finance Ministry to pen pharma fiscal sops story — `Positive proposals are beyond control of Chemicals and Fertilisers Dept'
Norms for ensuring higher degree of stability — Regulatory commission issues revised electricity grid code
Taxation Laws Bill gets Cabinet approval
Textile traders defer bandh over VAT levy
Watershed for textile industry
Andhra Bank, SBH join hands with APSFC to finance small units
Union Bank to focus on mid-size cos
AP to prepare draft water policy
IISc terror attack — Security tightened throughout TN
The fate of Mumbai's open space hangs in balance
Rising input costs a major concern for paper industry
`Improve aviation facility at Madurai'
Eco-damage: Construction boom sweeping the ground off riverbeds — Demand for river sand fuels indiscriminate mining
`Govt in talks with Left parties on disinvestment'
Karnataka promises all facilities to Volkswagen
Raise basic tax exemption limit to Rs 1.5 lakh: PHDCCI
Delay in exchange rate revision irks importers
Erosion control
Canadian tests reveal high levels of heavy metals in ayurvedic drugs
Orissa tourism fest from Jan 6-15
Tourism co-operative inaugurated
ATM throws up forged note — AITUC puts up note to PM for inquiry
ISACA office-bearers

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line