India to sell $81 billion worth of state assets over next 4 years – government body
FILE PHOTO: An India Rupee note is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration
August 23, 2021
NEW DELHI (Reuters) – India plans to sell 6 trillion rupees ($80.90 billion) worth of state-owned assets over the next four years under privatisation plans previously announced in the 2021/2022 budget to boost public finances, the head of a government think tank said on Monday.
The Indian government aims to sell off gas pipelines, roads, railway assets and warehousing facilities among a host of other assets, think tank NITI Aayog’s Chief Executive Amitabh Kant told a news conference.
(Reporting by Aftab Ahmed; Editing by Susan Fenton)
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