Prime Minister To Address Global Investors On Asset Monetisation Tomorrow

INSUBCONTINENT EXCLUSIVE:
Prime minister Narendra Modi will address global investors in a webinar tomorrowNew Delhi: Amid concerns over dipping foreign investments in
the country even as the Russia-Ukraine conflict threatens to impact the current account deficit and lead to a spike in oil prices, prime
minister Narendra Modi will address global investors tomorrow on December 9, seeking their contribution towards economic growth.The
where global sovereign funds, private equity, global pension funds, investment banks, asset monetisation companies and stakeholders from
North America, Europe, Middle East, Asia and Far East, and Australia would be participating."With this webinar, DIPAM aims to elicit ideas
and views from the sectoral experts, investors' community and other eminent stakeholders on the issues to chalk out a time-bound
non-core assets for realisation of optimal contribution in India's growth," an official statement said.Finance minister Nirmala Sitharaman
formulate an implementation strategy for privatisation, asset monetisation and disinvestment programme of the government, sources said.The
government has set a budget target of Rs 65,000 crore from public sector enterprises' disinvestment as well as privatisation in the next
fiscal beginning April 1.In the current fiscal, the disinvestment target has been scaled down to Rs 78,000 crore in the revised estimates,
from Rs 1.75 lakh crore pegged in the budget