Govt confident of strategic sales in 3 PSUs this fiscal

The govt is confident of wrapping up at least 3 strategic disinvestments in the current fiscal year. The govt hopes that the strategic sale in helicopter services firm Pawan Hans will sail through smoothly as it has received “substantial interest”. The govt holds 51% in Pawan Hans, which has a fleet of 46 helicopters and the rest is held by ONGC.

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