Page 12 - Disinvestment

Budget bets big on growth: FM squeezes subsidies, raises capex again

Asset sale to get Rs 1.75 trillion; transparent budgeting gets a leg-up

Reform within status quo

The finance minister has worked hard to present a Budget that has boosted sentiment

Budget 2021: We have spent, we have spent and we have spent, says FM

She also said increased spending and high market borrowings led to a significant widening of the fiscal deficit

Disappointed over govt policies on FDI, disinvestment in Budget 2021: BMS

RSS-aligned Bharatiya Mazdoor Sangh (BMS) expressed disappointment over government's budget proposals with regard to disinvestment and foreign direct investment especially in the insurance sector.

Budget is a bold gambit with focus on growth without any increase in taxes

With the economy likely to grow at a nominal growth of between 15-16 per cent, the tax revenue increase of 16.7 per cent appears fairly achievable

FY22 disinvestment target at Rs 1.75 trn; financials a strategic sector

This includes two PSU banks and one general insurance company, in the next fiscal year beginning April 1

Was FM's Budget like 'never seen before'? Here's what D-Street mavens say

The FM has delivered a unique Budget, wherein all the right measures have been proposed to speed up growth, said Dhiraj Relli, MD & CEO at HDFC Securities

Covid spending to tax revenue: Key numbers to watch out for in Budget 2021

Here are the key numbers to watch out for in the Budget for 2021-22, which is widely expected to be a "economic vaccine" for the pandemic-battered economy.

At record Rs 1.19 trn, GST collections give FM confidence ahead of Budget

Since the collections were till 6 pm on January 31, some more money is expected to come into the government coffers for the month

Budget 2021: Govt stares at revenue shortfall of Rs 7 trn this fiscal year

Revenue from disinvestment has been Rs 17,958 crore this financial year, against a target of Rs 2.10 trillion

Stiff targets for PSUs: How they are caught between govt and markets

State-owned companies have been set stiff targets to increase accountability as they get ready for disinvestment. Here's why meeting them will be challenging

Budget Byte: Disinvestment way behind target of Rs 2.1 trillion, again

This daily series of graphs provides context on some of the critical issues relating to the Union Budget on February 1

Budget 2021: Centre set to launch e-platform to sell non-core assets

Could help monetise assets worth Rs 10K cr

Centre plans to offload 10% stake in Rashtriya Chemical and Fertilizers

The government holds 75 per cent stake in RCFL and intends to disinvest 10 per cent of the paid up equity capital through an offer for sale

Missing the mark: How will govt achieve divestment target for FY21

Among strategic sales, the government is already working on plans to divest Bharat Petroleum, Container Corporation, BEML, and Shipping Corporation

ITDC, BEML surge up to 17% on report govt may invite EoI for divestment

In the past seven trading days, BEML stock has advanced 36 per cent

Beyond Headlines: Govt must invest in small-gestation projects to expedite recovery

Many think that the Narendra Modi government has spent a lot this year, especially to mitigate issues faced by people in the wake of the coronavirus pandemic. But has it? It’s true that the government has announced stimulus packages to the tune of Rs 30 trillion. But if one were to make a comparison, the govt expenditure this year (till October-end) was roughly the same as last year. Given that expenditure was budgeted to be 13 per cent more this year, it is expected that the finance minister will spend more to expedite economic recovery. But where should she spend? Infrastructure, many say. Yes, of course the government should spend on infrastructure, but will that yield immediate benefits? Watch the video to learn more >

Beyond Budget Headlines with AKB: Govt should invest in small-gestation projects

In this second episode of our special video series on Budget, A K Bhattacharya talks about fiscal deficit target, government spending and disinvestment goals

Beyond Headlines: Should there be a range for fiscal deficit target?

The govt expenditure this year (till October-end) was at roughly the same level as that seen in the same period last year

Beyond Air India

The airline's privatisation should just be the beginning