In the budget for FY24, the government had originally targeted ₹51,000 crore from the sale of its stakes in various public sector companies.
As of February, the government has raised only about ₹12,500 crore, and it is unlikely that the revised divestment target for FY24 will be met.
Experts said that the disinvestment target was lofty and has not been met five years running, but some said that the target could be met if the government liquidates its minor shareholdings in outperforming sectors.
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