1/2/2024, 1:35:06 pm

Centre sets Rs. 50,000 cr disinvestment target for FY25

The Indian government plans to raise Rs 50,000 crore through stake sales in public sector companies in fiscal year 2024-25. However, it has consistently missed its disinvestment targets and has scaled down the current fiscal year's target to Rs 30,000 crore. Delays and issues with state governments have hindered strategic sales, while no major buybacks have taken place.