WITH THE ELECTION season approaching, the government is going slow on large strategic disinvestment plans including that of IDBI Bank. They are likely to be pushed back to beyond the current financial year, according to sources privy to the discussions in this regard.
This would result in a shortfall of ₹30,000 crore or 60% in disinvestment receipts in the year, compared with the relatively modest Budget estimate (BE) of ₹51,000 crore.
Disinvestment receipts were ₹35,293 crore or 54% of the targeted ₹65,000 crore in FY23. The last time the disinvestment target was achieved was in FY19, when ₹84,972 crore was mobilised against a target of ₹80,000 crore.
"Big ticket strategic disinvestment deals may not happen," one of the sources said. However, the likely shortfall won't impact the government's fiscal maths as tax and non-tax revenues might overshoot Budget estimates and bridge the shortfall on the disinvestment receipts front.
この記事は Financial Express Mumbai の August 18, 2023 版に掲載されています。
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この記事は Financial Express Mumbai の August 18, 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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