The Union Budget now sets broad capital receipt targets (Rs 47,000 crore) without detailing disinvestment goals, reflecting a shift in approach
Despite high targets, actual disinvestment receipts remain low—less than Rs 10,000 crore so far this financial year
After Air India and Neelachal Ispat sales in 2022, major privatisation efforts have stalled, with little progress on strategic disinvestment
IDBI Bank’s disinvestment lags despite investor interest, highlighting the government’s slow follow-through on announced plans
Instead of selling loss-making firms like Visakhapatnam Steel Plant, the government is investing taxpayer money for their revival
With fiscal pressures mounting, disinvestment could support capital expenditure without raising taxes—reviving this agenda is critical