Summary:
"DCI's proposed strategic sale is part of the government's plan of raising Rs 72,500 crore through disinvestment of PSUs in 2017-18. The Centre hopes to raise around Rs 1,400-Rs 1,500 crore through privatisation of DCI. Out of that, Rs 15,000 crore has to come from strategic divestment. Naik underscored the fact that the government has proposed to disinvest a total of 24 CPSEs, including DCI, in the first phase. He further said the company is currently eyeing nearly Rs 650 crore turnover by end of this fiscal..