Government Targets Rs 50,000 Crore from Disinvestment in Current Fiscal

The government aims to collect Rs 50,000 crore from disinvestment and asset monetisation this fiscal year, according to DIPAM Secretary Tuhin Kanta Pandey. Additionally, the government expects Rs 56,260 crore in dividends from CPSEs, with the total dividend from the RBI, banks, and financial institutions projected at Rs 2,32,874 crore for FY25.

The government has set a target to collect Rs 50,000 crore from disinvestment and asset monetisation in the current fiscal year, revealed DIPAM Secretary Tuhin Kanta Pandey on Tuesday.

In addition, the government forecasts a total of Rs 56,260 crore in dividends from central public sector enterprises (CPSEs), surpassing the Rs 48,000 crore estimated in the interim budget.

Furthermore, the budget projects that dividends from the Reserve Bank of India (RBI), banks, and financial institutions will amount to Rs 2,32,874 crore in FY25, more than doubling the interim budget forecast of Rs 1.02 lakh crore.

The significant increase is largely attributed to the windfall dividend of Rs 2.11 lakh crore from the RBI.

According to the budget document, the government has also estimated Rs 50,000 crore towards capital receipts, matching the interim budget projection.

The revised estimates for the last fiscal year have been pegged at Rs 30,000 crore.

Pandey noted that this figure includes proceeds expected from CPSE disinvestment and asset monetisation efforts.