NEW DELHI: Government today announced a Rs 10,000 crore disinvestment programme in public sector undertakings including privatisation of ITDC, offloading 19 million shares of MTNL and 180 million shares of GAIL in domestic and international markets.

Telecom sops

NEW DELHI: In a major decision aimed at revamping the telecom industry, government today allowed the existing telecom operators to shift to revenue sharing system introduced in the new telecom policy in March last.

FM privatisation

NEW DELHI: In a move that would double the FM network in the country, the government today approved private participation in the FM radio broadcasting services. The decision would open nearly 150 new FM channels with licenses being given to private operators in 40 cities.

$ 386 WB loan

NEW DELHI: India today secured the first major $ 386 million World Bank loan after economic sanctions following the Pokhran nuclear tests in May last year. Agreements were signedfor a $ 300 million loan for integrated women and child development projects.