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Disinvestment target for FY26 may remain same
Financial Express Mumbai
|December 09, 2024
CENTRE LIKELY TO MISS ₹50K-CRORE TARGET FOR FY25
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.
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