Question : DISINVESTMENT OF BALCO



(a) whether the Government has decided to disinvest the remaining 49 per cent equity in the Bharat Aluminium Company Ltd.;

(b) if so, the details thereof;

(c) whether this move could result into a loss of Rs. 9000 crore to the exchequer;

(d) if so, the reasons for disinvesting the remaining stake in the Bharat Aluminium Company; and

(e) the steps taken or proposed to be taken by the Government for proper valuation of the BALCO?

Answer given by the minister



THE MINISTER OF STATE IN THE MINISTRY OF MINES (DR.T.SUBBARAMI REDDY)

(a to e): The matter is under consideration and the decision would be laid on the Table of the House after finalization.