Modi: Setting the divestment bar too high?

For the seventh year in a row India has failed to meet its divestment target. But as our graphics show, the government is still shooting for the stars.

In 1991, India started a campaign to sell government stakes in state-owned enterprises, part of its effort to liberalise the economy. These divestments have since become a significant source of income for the government and a core part of the budget every year. 

¬ Haymarket Media Limited. All rights reserved.

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