Govt's disinvestment target likely to fall short by Rs 100-150 billion

Disinvestment target of 2018-19 is likely to fall short of Rs 800-billion

After the highs of the last fiscal year, the disinvestment target for 2018-19 is likely to fall short of the Rs 800-billion Budget Estimates. Official sources said given the market conditions, the best-case scenario could be a shortfall of Rs 100-150 billion. Hence, the disinvestment proceeds could be at most Rs 650-700 billion. 

This compares to the 2017-18 fiscal, when against a budgeted target of Rs 725 billion, the department of investment and public asset management (Dipam) raked in a record Rs 1 trillion. 

So far this year, Dipam has raked in around Rs 100 billion, through a second tranche of the