FM confident of managing differences over disinvestment
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Economy

FM confident of managing differences over disinvestment

Last Updated: Friday, September 11, 2009, 22:07
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FM confident of managing differences over disinvestment New Delhi: Finance Minister Pranab Mukherjee today exuded confidence of managing differences among some allies over disinvestment policy of the UPA Government.

"I have managed all the coalition partners for the last five years. I will handle the situation in the same manner, as I have done it in the past," he told journalists at Women's Press Corps when asked about opposition by a key UPA ally over disinvestment.

The government has expressed its intent to dilute its stake in public sector undertaking, but will retain the majority control. In fact, NHPC has already been listed in bourses, while Oil India is in the process of getting listed.

However, some allies like like Railway Minister and Trinamool Congress chief Mamata Banerjee is reported to have opposed the disinvestment policy at the full Planning Commission's meeting.

Pranab said, "I have carried UPA government coalition government with the backing of the Prime Minister and Sonia Gandhi for the full five years. In the same way, I will be able to manage it. After all, what is politics? Politics is to manage the contradictions and bring convergence among the divergence."

Bureau Report

First Published: Friday, September 11, 2009, 22:07

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