No separate target for disinvestment receipts
Financial Express Mumbai|February 02, 2024
THE GOVERNMENT HAS DONE away with a separate disinvestment revenue target in the Budget for 2024-25 by adopting a calibrated disinvestment strategy that aims to maximise gains for the exchequer without chasing a goal.
PRASANTA SAHU
No separate target for disinvestment receipts

Accordingly, the Centre has set a target of 30,000 crore in miscellaneous capital receipts for FY24 revised estimate. These include receipts on account of disinvestment, asset monetisation and other capital receipts not classified elsewhere in the Budget. The target for the same is set at ₹50,000 crore for FY25.

As against the disinvestment target of 51,000 crore set in FY24BE, the achievement so far has been ₹12,500 crore. FE had reported earlier that in the current financial year, the disinvestment achievement could be around 20,000 crore or 40% of the aim due to delay in the execution of most of the strategic disinvestment plans, including IDBI Bank and Container Corporation of India (ConCor) due to a spate of state elections.

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