Target For Privatization Of Govt Assets Reduced To Rs 47,000 Crore


Mohul Ghosh

Mohul Ghosh

Feb 04, 2025


The Indian government has set a disinvestment target of Rs 47000 crore for the fiscal year 2026, as per the latest budget documents. However, the target for FY25 has been revised downward, with proceeds now estimated at Rs 33000 crore, significantly lower than the initial estimate of Rs 50000 crore.

Target For Privatization Of Govt Assets Reduced To Rs 47,000 Crore

Delay in Strategic Disinvestments

The strategic disinvestment of IDBI Bank is progressing but is now expected to extend into FY26 due to pending regulatory approvals for financial bidders. Similarly, stake sales in BEML, Shipping Corporation of India, HLL Lifecare Ltd, and Project & Development India Ltd are facing delays. These slowdowns have impacted the overall disinvestment proceeds for the current fiscal year.

Higher Revenue from Public Sector Dividends

Despite the disinvestment challenges, the government is expecting higher revenue from public sector dividends. The budget estimates Rs 69000 crore in dividends for FY26, surpassing the FY25 budget estimate of Rs 56260 crore and the revised estimate of Rs 55000 crore. The new projection is also higher than the Rs 65381.65 crore collected in FY24.


Mohul Ghosh
Mohul Ghosh
  • 2077 Posts

Subscribe Now!

Get latest news and views related to startups, tech and business

You Might Also Like

Business
Oct. 14, 2023

Startup Innovations: Guru4Invest’s Role in Democratizing Investment Opportunities

Access to capital has always been a significant challenge for startups. Traditional investment methods often leave small investors and new businesses at a disadvantage, with high barriers to entry and exclusive networks favoring established companies. Guru4Invest is changing this dynamic by leveraging cutting-edge artificial intelligence (AI) to level the playing field. The platform democratizes investment […]

Business
Dec. 8, 2022

Beat The Burden Of Medical Inflation With A Health Insurance

As disease rates rise and medical technology develops, treatment costs climb. It’s essential to understand that medical costs are not exclusively associated with hospitals. The cost of prescription drugs, diagnostic procedures, ambulance and operating room fees, consultations with doctors, and other costs are also constantly increasing. All of them could put a big strain on […]

Business
Dec. 8, 2022

3 Biggest Changes Of iOS 16.2 Update That Every iPhone User Should Know!

In its latest update Apple said that it is preparing for the iOS 16.2 update for iPhones across the world. Notably, like the previous release, there are a couple of changes coming for the iPhones.  iOS 16.2 Update Release Date So far, Apple has not announced a release date for iOS 16.2 update. Reportedly, the […]

Business
Dec. 8, 2022

300 Microsoft Employees Create Employee Union, First Time Ever: This Is How Microsoft Reacted

Around 300 workers at Microsoft Corp.’s ZeniMax Studios have commenced the process of forming a union which is said to be the first at the software giant in the US.  Here, Microsoft Corp.’s ZeniMax Studios known for popular video games including Skyrim and Fallout. Forming Union In Microsoft Corp Moreover, the quality assurance employees at […]

Recent Posts

Related Videos

   

Subscribe Now!

Get latest news and views related to startups, tech and business

who's online