The government has decided to sell 12.5 per cent stake in fertiliser maker Rashtriya Chemicals and Fertilisers to raise Rs 300 crore at Rs 40 a piece by March in addition to a minority stake sale in National Aluminium Company (Nalco) and Steel Authority of India (SAIL) as part of its disinvestmentprogramme. The empowered group of ministers will meet on Wednesday to decide RCF's offer price, people with direct knowledge of the development said.
Responding to queries of citizens about the Budget in a Google+ Hangout on Monday, finance minister P Chidambaram said, "We have got another Rs 14,000 crore lined up where we will sell residual stake of government in non-government companies. SUUTI has three companies. There are a couple of other companies. Residual stake of the government is very little. We don't have a stake in management, we don't wish to have control. That stake is there for many years. Some of that will be disinvested too."

Source - http://economictimes.indiatimes.com