![Govt plans to sell 5% stake in SAIL via offer for sale, may rake in `1,000 crore Govt plans to sell 5% stake in SAIL via offer for sale, may rake in `1,000 crore](http://tnpscgatewayy.com/wp-content/uploads/2020/02/Picture15.png)
The government is planning to sell 5% stake in Steel Authority of IndiaLtd (SAIL) through an offer for sale, which could fetch about `1,000 crore to the exchequer. The Department of Investment and Public Asset Management (DIPAM) and steel ministry are planning roadshows in Singapore and Hong Kong for SAIL stake sale.