Disinvestment target for FY22 imminently achievable says Chief Economic Adviser K V Subramanian

Speaking at a virtual conference by Jana Small Finance Bank, he further said that the retail inflation targeting by the Reserve Bank of India (RBI) has helped lower the volatility and level of inflation.

Chief Economic Adviser K V Subramanian on Saturday said the proposed initial public offering (IPO) by Life Insurance Corporation (LIC) itself could garner Rs 1 lakh crore for the government (file)

Reiterating that the disinvestment target of Rs 1.75 lakh crore for fiscal 2021-22 was “imminently achievable”, Chief Economic Adviser K V Subramanian on Saturday said the proposed initial public offering (IPO) by Life Insurance Corporation (LIC) itself could garner Rs 1 lakh crore for the government.

Speaking at a virtual conference by Jana Small Finance Bank, he further said that the retail inflation targeting by the Reserve Bank of India (RBI) has helped lower the volatility and level of inflation. The RBI’s Monetary Policy Committee has been mandated to maintain annual inflation at 4 per cent until March 31, with an upper tolerance of 6 per cent and lower limit of 2 per cent.

outside the RJD party office in Patna on Friday. Partners of the alliance filed nomination papers for all 121 seats going to polls in the first phase – the total strength of the Bihar House is 243 – while talks continued to end the deadlock over seats.

Mahagathbandhan parties fail to seal Bihar pact, field own candidates for Phase 1

Political Pulse2 hr ago

Opposition Mahagathbandhan in Bihar failed to announce a seat-sharing pact as nominations closed for the first phase of Assembly elections. Talks are ongoing to end the deadlock over seats, with over a dozen constituencies still in dispute. The alliance has released lists of candidates, with RJD reportedly contesting 130-135 seats and Congress around 60.

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