New Delhi, July 26: Government is pursuing 31 cases of disinvestment and an amount of over Rs 5114 crore has been realised from privatisation of seven public sector undertakings, disinvestment minister Arun Shourie told the Lok Sabha today. The ministry has prepared time schedules for completion of disinvestment cases already cleared by the government and these were being submitted to it for approval, he said while replying to a calling attention motion moved by BJP MP Kirit Somaiya on the disinvestment issue.
On Maruti disinvestment issue, Shourie said in the second phase, government will sell its existing shares in the company.
He said Suzuki Motor Corporation has agreed to underwrite the first tranche of about 36 lakh of these shares at Rs 2300 per share and also provide for the comfort of a "put option" to the government.

Somaiya while congratulating the minister sought to know from him how government proposed to meet the target of Rs 12,000 crore per year as receipts from disinvestment and how it proposed to spend the amount.
The BJP member's remarks drew loud protests from opposition benches, which charged the government with selling out country's precious assets. Bureau Report