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Government raises Rs 20,000cr via disinvestment, asset sale
Over two months into the financial year, the Centre has raked in around Rs 20,000 crore from disinvestment and asset sales, pushing ahead with its strategy to raise resources through non-tax revenue route in face of the mounting subsidy bill due to the West Asia conflict. The funds raised so far are around 25% of the full-year target. Already, the fertiliser ministry has sought doubling of subsidy in the current fiscal, budgeted at Rs 1.7 lakh crore, with govt also urging domestic players to...