Govt may set Rs 1 trillion disinvestment target in Budget for FY21

The government is likely to set Rs one trillion target from disinvestment in the Budget for 2020-21, Rs 0.1 trillion lesser than what was decided for FY20.

“The government is likely to bring down their stake in certain public sector undertakings (PSUs) to below 51 per cent. In the absence of the BPCL disinvestment not going through in FY20, it would be the major sale in FY21 along with Air India. Additionally, they may announce policies/measures for the monetization of assets of public sector entities. Such a measure would  mean  creating a framework for asset monetization which involves the structures to