Indian government has fixed disinvestment target of INR 90000 crore

Indian government has fixed disinvestment target of INR 90000 crore

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The government has fixed disinvestment target of ₹90,000 crore for the current fiscal as against ₹85,045 crore in the previous fiscal.
It is to be noted that the government, in the Budget 2018-19, had proposed to merge National Insurance Company, Oriental Insurance Company and United India Insurance Company.
The Centre in the Budget had announced that the three companies would be merged into a single insurance entity.
The process of merger could not be completed due to various reasons, including poor financial health of these companies.

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Indian government has fixed disinvestment target of INR 90000 crore