Monday, July 6, 2009

Govt expects 497.50 bln rupees from state-run firms

The budget expects to generate 497.50 bln rupees from dividends and profits of state-run firms in 2009/10 and estimates food subsidy at 524.90 bln rupees during the fiscal year ending March 2010.

The budget also said the government would issue 103.06 bln rupees in bonds to oil firms.

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