Disinvestment target set at Rs 50k cr for FY25

New Delhi: The government has estimated to collect Rs50,000 crore from disinvestment and asset monetisation in the current fiscal, DIPAM Secretary Tuhin Kanta Pandey said on Tuesday.

Besides, the government estimates a total of Rs56,260 crore dividend from CPSEs (central public sector enterprises), more than Rs48,000 crore estimated in the interim budget. The budget also estimates that dividend from RBI, banks and financial institutions would be Rs2,32,874 crore in FY25, more than double of interim budget estimate of Rs1.02 lakh crore.