Modi: Setting the divestment bar too high?

For the seventh year in a row India has failed to meet its divestment target. But as our graphics show, the government is still shooting for the stars.

Modi: Setting the divestment bar too high?

In 1991, India started a campaign to sell government stakes in state-owned enterprises, part of its effort to liberalise the economy. These divestments have since become a significant source of income for the government and a core part of the budget every year. 

But they have never quite met the high targets the government has set.

India has had ambitious divestment targets in recent years, seeing these sales as an important...

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