- FY25 FIGURE MAY BE SET AT ₹30,000 CR
THE CENTRE MAY aim for a modest disinvestment target of around ₹30,000 crore in 2024-25, 40% lower than the target of ₹51,000 crore for the current financial year, which is set to be missed by 60%, official sources said.
This would represent a progressive lowering of the ambition on this front (see chart), though the sources said the target for the next fiscal is being kept at realistic levels, considering that elections and new government formation would make it difficult to conclude any big-ticket sale in the year even if the process is initiated.
However, there will be last-ditch efforts to bridge the gap between the disinvestment receipts for the current fiscal - ₹10,052 crore so far and the budget estimate (₹51,000 crore). The plan is to hit the buoyant markets with a few offers for sale, before the year draws to a close.
Non-debt capital inflows through this route could be around ₹20,000 crore or 40% of the target in FY24. The year has seen delays in the execution of most of the strategic disinvestment plans, including that of IDBI Bank, NMDC Steel and Container Corporation (Concor), partly due to a spate of state elections.
Diese Geschichte stammt aus der January 05, 2024-Ausgabe von Financial Express Mumbai.
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Diese Geschichte stammt aus der January 05, 2024-Ausgabe von Financial Express Mumbai.
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