{"id":9796,"date":"2021-08-13T15:58:39","date_gmt":"2021-08-13T10:28:39","guid":{"rendered":"https:\/\/demo.testctsl.in\/indiafirstepaper?p=9796"},"modified":"2021-08-13T15:58:39","modified_gmt":"2021-08-13T10:28:39","slug":"fm-sitharaman-reveals-rigorous-work-under-way-to-meet-privatisation-targets","status":"publish","type":"post","link":"https:\/\/demo.testctsl.in\/indiafirstepaper\/2021\/08\/13\/fm-sitharaman-reveals-rigorous-work-under-way-to-meet-privatisation-targets\/","title":{"rendered":"FM Sitharaman Reveals &#8216;Rigorous&#8217; Work Under Way to Meet Privatisation Targets"},"content":{"rendered":"<p>Exuding confidence that the targets for the proposed strategic sales would be achieved, Finance Minister Nirmala Sitharaman has said that the government is undertaking all the &#8220;necessary rigorous&#8221; work to complete the planned privatisation processes by the end of this financial year.<\/p>\n<p>Speaking at the CII annual conclave yesterday, Sitharaman said: &#8220;Our commitment to disinvestment and privatisation is firmly ingrained in policy. There is no discretion and there is a calendar.&#8221;<\/p>\n<p>The government has set a target to complete the privatisation of Air India and BPCL, among other state-run companies and banks, in FY22.<\/p>\n<p>Calling upon the industry to invest more in the country, the minister further said that it is time that the Indian industry comes out and shows its risk-taking abilities and takes decisions to expand.<\/p>\n<p>She also said the core sectors&#8217; growth of about 8.9 per cent was largely because of public capital expenditure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Exuding confidence that the targets for the proposed strategic sales would be achieved, Finance Minister Nirmala Sitharaman has said that the government is undertaking all the &#8220;necessary rigorous&#8221; work to complete the planned privatisation processes by the end of this financial year. Speaking at the CII annual conclave yesterday, Sitharaman said: &#8220;Our commitment to disinvestment [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9779,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[97,5],"tags":[],"class_list":["post-9796","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-main-stories"],"_links":{"self":[{"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/posts\/9796","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/comments?post=9796"}],"version-history":[{"count":1,"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/posts\/9796\/revisions"}],"predecessor-version":[{"id":9797,"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/posts\/9796\/revisions\/9797"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/media\/9779"}],"wp:attachment":[{"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/media?parent=9796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/categories?post=9796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/tags?post=9796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}