PSU Disinvestment

The government has achieved about 78 per cent of the FY27 budgeted disinvestment and asset monetisation target of Rs 80,000 crore within 5 months of the financial year. The government has raised Rs 55,757 crore so far this fiscal through minority stake sale in 9 PSUs, including the big ticket ones like LIC and Coal India, as well as strategic sale of Indian Medicines Pharmaceuticals Corporation Ltd and remittances from SUUTI. More than half of the disinvestment proceeds came from the 6.5 per cent stake sale in Life Insurance Corp (LIC) which garnered Rs 31,515 crore. Further, a 2 per cent share sale in Coal India fetched about Rs 5,542 crore, while a 6.01 per cent stake dilution in NHPC fetched Rs 4,357 crore to the exchequer. Earlier this week, the government sold 6 per cent stake in Hindustan Copper to raise Rs 3,041 crore. The other entities in which the government disinvested its stake are Central Bank of India, NLC India, GIC, IRFC, Cochin Shipyard and Hindustan Copper. Besi

India is selling PSU stakes, but rarely giving up control. Why has the government chosen disinvestment over full privatisation? Experts explain

The government's combined mop-up from disinvestment and asset monetisation stood at Rs 45,306 crore in FY26, exceeding the Revised Estimates, Minister of State for Finance Pankaj Chaudhary said on Monday. The government had pegged Miscellaneous Capital Receipts, which includes PSU disinvestment and public asset monetisation, at Rs 33,837 crore in the Revised Estimates (RE) for 2025-26. "Government of India realised an amount of Rs 45,306.05 crore in FY 2025-26, which included Rs 16,885.56 crore from disinvestment and Rs 28,420.49 crore from Asset Monetisation," Chaudhary said in a written reply to the Lok Sabha. For the current fiscal, the government has budgeted Rs 80,000 crore under Miscellaneous Capital Receipts. So far in FY27, it has realised Rs 59,083 crore under Miscellaneous Capital Receipts, which included about Rs 6,367 crore from asset monetisation. Besides, Rs 52,716 crore has come from disinvestment through Offer for Sale of Central Bank of India, Coal India Ltd, Life

The latest LIC stake sale marks another milestone in the government's disinvestment drive. Here's what the data reveals about PSU stake sales, disinvestment receipts and major listings

The government raised ₹18,560 crore ($2 billion) by trimming its holdings in six companies in the three months through June, marking its largest such quarterly haul in recent years

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Finance panel asks Centre to outline legal safeguards, including golden share, to retain strategic control in PSUs if government stake falls below 51 per cent

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Indian Oil's decision to withdraw its Rs 22,000 crore rights issue highlights the govt's reluctance to reduce its stake in state-run enterprises, as fiscal priorities shift to sectors like rail, roads

Central government and LIC are set to divest 61% stake amid strategic disinvestment drive. The govt aims to generate Rs 50,000 crore through asset monetisation this fiscal year

Interim Budget 2024: For FY24, the Centre had set a disinvestment target of Rs 51,000 crore but has only been able to meet one-fifth of it so far

The government had set a disinvestment target to raise Rs 51,000 crore for the current financial year. However, only about 20 per cent of this target has been met so far

In 2023/24, about Rs 30,000 crore of the Rs 51,000 crore target was expected through stake sales in IDBI Bank and the privatisation of state-owned NMDC Steel

Adani Airports Holdings has a 74% stake in the airport, with the remaining 26 per cent owned by the Airports Authority of India

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With the Modi government completing nine years in office, Congress president Mallikarjun Kharge on Wednesday accused it of carrying out a "fire sale" of national assets and PSUs to its crony capitalist "friends" and claimed this was the "single biggest anti-national" act. The Congress has been running a campaign claiming that the government's nine years have been marked by incompetence and failures. "Modi Govt's 'Fire Sale' of National Assets & PSUs to its 'Mitr Cronies' is the single biggest 'Anti-National' act!" Kharge said in a tweet. This "destructive loot" is snatching away job opportunities for India's poor, SCs, STs, OBCs, he alleged. Attacking the Modi government, which completed nine years in office last week, Kharge had earlier taken a dig at the government, accusing it of "looting" people's earnings through "deadly inflation" while making "arrogant claims" about it. The Bharatiya Janata Party (BJP) has planned a month-long campaign to celebrate the ninth anniversary ...

The panel is likely to have officials from the Department of Investment and Public Asset Management, the Reserve Bank of India, and the NITI Aayog

Capital markets regulator Sebi can relax regulatory norms for the central government in relation to strategic disinvestment of public sector undertakings (PSUs), according to a notification. "??The Board (Sebi) may after due consideration of the interest of the investors and the securities market and for the development of the securities market, relax the strict enforcement of any of the requirements of these regulations if an application is made by the Central Government in relation to its strategic disinvestment in a listed entity," Sebi said in a notification made public on Tuesday. To give this effect, the regulator has amended LODR (Listing Obligations and disclosure Requirements) norms. Earlier in September, the Securities and Exchange Board of India (Sebi) had decided to dispense with a requirement for calculating open offer price with respect to the disinvestment of PSUs. As per Sebi norms, one of the parameters prescribed to determine the open offer price of a frequently .

The government may sell its shares in tranches through offer for sale (OFS), and the sale will be structured by DIPAM, an official said