Budget 2014: State-Owned Firms That Could Go On The Block

2. Coal India

Coal India is an Indian state-controlled coal mining company headquartered in Kolkata, India. It is the largest coal producer in the world and contributes around 81 percent of the coal production in India.  The state shareholding is about 89.7 percent in the company.

The big-bang privatization program of the government is cloud buster and the loudest pop could come from the sale of 10 percent shares in Coal India

3. Hindustan Zinc

Hindustan Zinc is an integrated mining and resources producer of zinc, lead, cadmium and silver. It is the 2^nd largest zinc producer in the world and involves majorly in processes like smelting and mining.

The company is a subsidiary of London based Vedanta Resources Plc. The government was holding 29.54 percent state owned shares in the company and the stakes for sale now worth $9.5 billion, according to the data accumulated by Bloomberg.