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India fund raising News

Food subsidy Bill

04 Aug 2015

Govt examining proposal to raise Rs 40K cr via bonds from LIC

Faced with severe shortage of funds to meet the food subsidy bill, the government today said it is examining a proposal to raise Rs 40,000 crore via long-term bonds from LIC to liquidate the subsidy arrears.

Department of Disinvestment

29 Jul 2015

DoD says Rs 30,000 cr more realistic target for disinvestment

Asked to garner a massive Rs 69,500 crore this fiscal, the Department of Disinvestment has told Finance Ministry it may be able to raise only about Rs 30,000 crore given the volatile market conditions.

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