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The Economic Times

Global Business / The Economic Times

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Modi govts 13 strategic disinvestments in 10 years

The Modi government is set to sell a 60.72% stake in IDBI Bank for 52,878 crore. This sale will surpass previous disinvestment efforts, making it the largest to date. Notably, the government has executed 13 strategic disinvestments over the last decade. Previous notable disinvestments include Air India and multiple power sector companies. These actions highlight the ongoing commitment to privatization and fiscal consolidation.

14 Oct 2026 8:53 pm