Interim Budget 2024: Govt eyes Rs 50k cr via disinvestments
During 2023-24, the revised estimates of disinvestment mop-up has been pegged at Rs30K cr, lower than Rs51K cr budgeted at the time of presentation of Budget last year
image for illustrative purpose
Disinvestmentcollections in past
- In 2023-24, the govt got Rs12K cr
- In 2017-18 govt collected Rs1L cr
- In 2018-19 govt garnered Rs84K cr
New Delhi: The government on Thursday pegged disinvestment target for 2024-25 fiscal at Rs50,000 crore in the interim budget for 2024-25, up from Rs30,000 crore in the revised estimate for the current financial year. During the current fiscal (2023-24), the revised estimates of disinvestment mop-up has been pegged at Rs30,000 crore, lower than Rs51,000 crore budgeted at the time of presentation of Budget last year.
As per the Interim Budget 2024-25 document tabled in the Lok Sabha, the government is not expected to receive any money from monetisation of public assets in the current fiscal. It had planned to receive Rs10,000 crore in the budget estimates for 2023-24. With regard to disinvestment, so far in the current fiscal, the government has collected Rs12,504 crore through minority stake sale in 7 CPSEs, including Coal India, NHPC, RVNL and IREDA.
By March, the government expects to mop in a total of Rs30,000 crore from disinvestment.
