Disinvestment lessons

With a 5.82% stake sale in public sector steel giant SAIL for R1,517 crore, the government’s total collections from disinvestment in the current year now total R23,778 crore, an all-time high since the process first began in FY92 with proceeds of a little over R3,000 crore. The last high, in FY10, was R23,553 crore.

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