Government may miss disinvestment target by Rs 20,000 cr, says report

On an average, the government has achieved nearly 65 per cent of the budgeted divestment target between FY14 and FY17

The government is unlikely to meet the Rs 80,000-crore disinvestment target by Rs 20,000 crore, leading to fiscal slippage, according to a report.
 

Fiscal deficit will come at 3.5 per cent as against the targeted 3.3 per cent on the shortfall in disinvestment mop-up and also the dip in the GST collections, domestic rating agency Care Ratings said Friday.
 

"In this fiscal year, meeting the disinvestment target of Rs 80,000 crore will be challenging given the volatile conditions in the financial markets. We expect that disinvestment proceeds could be around Rs 60,000 crore for FY19," it said, adding in the