FY20 disinvestment mop-up at Rs 50,298 cr, govt misses budget target

The government has missed the collection target for the current financial year from CPSE disinvestment set in the Revised Estimates of Budget by about Rs 14,700 crore.

In the current financial year 2019-20, the actual disinvestment mop-up has come in at Rs 50,298.64 crore. In the Revised Estimates (RE), the government had estimated the disinvestment proceeds at Rs 65,000 crore, thus a shortfall of around Rs 14,700 crore.

In the Budget 2019-20, disinvestment revenue was pegged at Rs 1.05 trillion. However, in the RE, the projection was lowered substantially to Rs 65,000 crore.

In the current financial