No decision on strategic disinvestment of MMTC: Patel

NEW DELHI, Aug 9: The Government has not taken any decision on strategic disinvestment of MMTC, Parliament was informed on Wednesday. In a written reply to the Lok Sabha, Minister of State for Commerce and Industry Anupriya Patel said the state-run trading firm has registered a profit of Rs 1,076.07 crore in 2022-23 against a loss of Rs 241.93 crore in 2021-22. "Currently, the accounts for 2023-24 are under finalisation," she said. The Government currently holds 99.33 per cent stake in MMTC. "The Government has not taken any decision on strategic disinvestment of MMTC," she added. (PTI)