India will go for major disinvestment in the next
two-and-a-half months and will strive to stick to the fiscal deficit target of
4.1 per cent in the current year, finance minister Arun Jaitley said.
"As far as disinvestment figures are concerned,
we still have close to three months left. And I can only tell you this is going
to be period of great activity as far as disinvestment is concerned," he
said at a private function.
"I am not going to give any indication but
major disinvestment in the coming months prior to March 31 is going to take
place," he added.
In 2014-15, the government has sold 5 per cent stake
in steel major SAIL and raked in Rs 1,700 crore. It is racing against time to
meet its disinvestment target of Rs 43,425 crore for this fiscal. Blue-chip
companies like ONGC, NHPC and Coal India has been lined up for disinvestment.
In addition, it is also targeting Rs 15,000 crore
from sale of residual stakes in private companies in this fiscal.
On 4.1 per cent fiscal deficit targeted, Jaitley
said all efforts will be made to stick to the target fixed by the previous
government as it concerns the credibility of the country's financial accounting
system.
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