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LIC IPO is crucial for meeting the ₹1.75-lakh crore disinvestment target set for the current financial year ended March 2022.
- NTPC is the only Public Sector Undertaking (PSU) to consistently feature in India's top 50 best workplaces. The PSU comes under the ministry of power.
Byhindustantimes.com | Written by Deepali Sharma | Edited by Avik Roy, Hindustan Times, New Delhi
"Mr Modi's 'Vikas'- PSUs to be shrunk to one-tenth. Country's loss, crony's gain," Rahul Gandhi tweeted.
The Finance minister also said the government wants few public sector enterprises in specified sectors to do well, so that "we can ensure that taxpayer money is spent wisely".