THE CENTRE MAY miss the disinvestment and asset monetisation target of ₹50,000 crore for the current financial year, a senior official told FE. For the next fiscal, the upcoming Budget may still peg the target for such receipts at around ₹50,000 crore, the source added.
The Centre had set a target of ₹50,000 crore in miscellaneous capital receipts (from disinvestment and asset monetisation) in FY25, doing away with the practice of setting separate annual 'disinvestment' targets.
This marked a less ambitious approach with regard to key source of non-debt capital receipts. No strategic sales (privatisation of CPSEs) have been carried out by the government in recent years, after the sale of Air India to Tata group in October 2021.
Esta historia es de la edición December 09, 2024 de Financial Express Mumbai.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición December 09, 2024 de Financial Express Mumbai.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Do we really need two board exams?
The impact on students, teachers & academic calendar
UPI Apps to Charge Users More as Govt Cuts Subsidy
As government incentives for low-value UPI transactions and RuPay debit card payments are slashed, UPI apps are increasingly seeking new ways to monetise their vast customer base, including imposing convenience fees on certain transactions.
Making AI PCs affordable & within reach of all
QUALCOMM HAS BEEN leaning on AI to gain a foothold in the PC market.
SBI chief Setty may head IBA
Former PNB MD AK Goel likely to be chief executive
'Banks cautious, taking measured approach to unsecured loans'
With the regulator lifting restrictions on Kotak Mahindra Bank acquiring customers digitally and via mobile phones, the lender is hoping to onboard customers at a pace of 400,000-500,000 a month once again.
Decision on yellow peas duty tomorrow
A MINISTERIAL PANEL meeting will decide Tuesday on whether to impose import duty on yellow peas, largely used as substitutes of chana, a widely consumed pulse variety.
Market prepares for a slow grind
THE NIFTY SLUMPED 420 points, or 1.86%, on Friday to close at its lowest since June 2024 at 22,124.
AI agents enhance customer service
Freddy AI handles common queries & troubleshooting
UK, France, Ukraine to work on truce: Starmer
BRITAIN, FRANCE AND Ukraine have agreed to work on a ceasefire plan to present to the US, British Prime Minister Keir Starmer said Sunday before a summit with European leaders to discuss ending the war.
Forex cards keep your bills down
Lower markups, nil transaction fees on spends abroad
