Delhi, after the proposal was cleared by the core group on disinvestment headed by the Cabinet secretary Rajiv Gauba last month.“The core group of disinvestment has cleared the proposal.
After completing the inter-ministerial consultation, we will soon move a Cabinet note seeking clearance from the Cabinet Committee on Economic Affairs (CCEA) chaired by prime minister Narendra Modi," a finance ministry official said under the condition of anonymity.Also Read | Inside the rumble in India’s coding jungleThe government plans to lease out the iconic hotel and the adjacent 22 acres to develop a market complex and service apartments as part of its asset monetization plan to meet its disinvestment target for FY21.However, The Samrat Hotel, also in.
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