Multiple choice

What is the disinvestment target set by the Government of India for the financial year 2003 - 04?

  1. Rs.15,400 crore

  2. Rs.14,600 crore

  3. Rs.13,900 crore

  4. Rs.13,200 crore

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The Government of India set disinvestment targets to reduce its stake in public sector enterprises and generate revenue. The Rs. 13,200 crore target for 2003-04 was part of the fiscal policy framework announced in the Union Budget.