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India accelerates share sales in state-owned firms to ease fiscal strain
The stake sales are intended to generate proceeds as the country faces tighter fiscal constraints while seeking to keep its growth engine running.
CNBC Markets reports that India is stepping up the sale of shares in state-owned companies, using higher stake disposals as a way to raise funding.
The outlet links the push to growing fiscal constraints, saying the government wants to keep the economy’s growth momentum while managing pressure on public finances.
CNBC World describes the same strategy through its Inside India newsletter, framing the sell down as part of a broader effort to sustain growth amid less room in the budget.
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