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January 18, 2001 		Feedback  
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India will fall short of disinvestment target, says Sinha

Finance Minister Yashwant Sinha, said on Thursday, that the federal government will fall short of reaching its disinvestment target for the financial year ending March.

"I will not be able to meet the budgeted target for the year," Sinha told reporters at a function held in Bombay.

Officials had earlier admitted that the government would not be in a position to raise the targeted Rs 100 billion.

The government's privatisation plan has met with little success due to stiff opposition from trade unions and differences within the ruling coalition.

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