DISINVESTMENT

March 23, 2019

According to the Ministry of Finance, the government has overshot its disinvestment target for the second consecutive year.

About: 

  • As against a target of ₹80,000 crore for disinvestment for the current Financial year, the divestment receipts have touched ₹85,000 crore. During the current Financial Year, DIPAM has realised the proceeds through 28 transactions. 

  • In 2017-18, the government had earned a little more than ₹1 lakh crore from disinvestments against a target of ₹72,500 crore. 

Source : The Hindu

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