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PRIVATISATION CAN LOWER INDIA'S FISCAL DEFICIT BY 25 BPS: REPORT.
NEW DELHI, June 8 Asia Pulse - Fund mobilisation of Rs 100 billion (US$2.1 billion) through initial public offerings and strategic stake sales in public sector entities (PSEs) can help the Indian government lower its fiscal deficit by a quarter per cent in the current fiscal year, Religare Hichens Harrison said in a report.
PSEs identified for disinvestment in the past, but were later shelved, could go under the hammer first.
With the government's fiscal deficit ballooning to over six per cent of GDP last fiscal year and expected to remain high in this fiscal year, divestment "is a large window of opportunity for the next ...
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...much more than the country's fiscal deficit of Rs 3,26,515 crore or USD...revised Budget estimate) for fiscal year ending this month. Besides...of getting rid of a country's fiscal deficit or meeting federal expenses with...
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...billion for the entire fiscal year. According to figures...was able to rein in a fiscal deficit of 83.2 per cent...first 10 months of this fiscal year in contrast to 92...of 2001-02. The fiscal deficit in January works out...
Source: HighBeam Research, PRIVATISATION CAN LOWER INDIA'S FISCAL DEFICIT BY 25 BPS: REPORT.