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DISINVESTMENT RECEIPTS 2023
Centre set to cross Rs 80000 cr disinvestment target for first time since FY19 after IDBI Bank stake saleThe Indian government is expected to surpass its budgeted disinvestment target of Rs 80,000 crore for FY27. A significant contributor will ...
Govt achieves 78 pc of FY27 divestment, asset monetisation Budget target in Apr-AugThe government has achieved about 78% of its ₹80,000-crore FY27 disinvestment and asset monetisation target within five months. It has rais...
Govt fast-tracks disinvestment process to shore up revenues, garners 31% of budget aim in Q1 FY27The government is accelerating its disinvestment and asset monetisation drive, achieving 31% of its full-year target in just the first quar...
Understanding the Budget: A step-by-step guide for investorsOn February 1 of each year, except for general election years, the Union government presents the Budget Estimate (BE) for the upcoming fina...
Mop up from divestment, asset sale beats FY24 RE of Rs 30,000 croreIn FY24, government's capital receipts surpassed Rs 30,000 crore from disinvestment and asset monetisation. The budget combined targets und...
Dividend from non-financial CPSEs at ₹63,749 croreIn the fiscal year 2023-24, the government's dividend collections from non-financial central public sector enterprises and entities with mi...
Govt garners Rs 16,507 crore via public sector enterprises disinvestment in FY24The budget had pegged disinvestment proceeds for 2023-24 fiscal at Rs 51,000 crore. However, the revised estimates (RE) on February 1, 2024...
Government's dividend collection from CPSEs hits record Rs 61,149 croreDividend receipts in the first half of March alone totalled nearly ₹10,000 crore. The revised estimate in the interim budget last month est...
Capital receipts of Rs 30,000 cr in FY24 RE includes disinvestment, asset monetisation: DIPAM SecyThe government has budgeted Rs 30,000 crore from other capital receipts in the Revised Estimates for the current fiscal. For 2024-25, the a...
Budget Basics: Where does government get all the money it needs?The Union budget defines the government's income, which primarily consists of revenue and capital receipts. Revenue receipts include taxes ...
Budget 2024: Modest divestment targets seen for FY25, medium termThe latest review of the divestment process is spurred by the delay in privatisation bids as the strategic sale process remains time-consum...
Centre may rake in ₹55,000 crore in dividends from key CPSEsThe Department of Investment and Public Asset Management has garnered ₹53,895 crore in dividend and disinvestment receipts so far this fisc...
Will the government go for more disinvestment in Budget 2024?For disinvestment, the government either sells stakes in public-sector units or lists them on the stock exchange.
Government will adhere to fiscal deficit target of 5.9 pc for FY'24The government will stick to the fiscal deficit target of 5.9 per cent of the GDP as robust tax, non-tax collections will help meet the spe...
FY23 fiscal deficit: FinMin monitoring daily receipts, expenses in MarchAlthough the government is expected to meet the revised tax revenue estimates, meeting the Rs 50,000 crore target from disinvestment receip...
DIPAM confident of meeting Rs 51,000 crore selloff target for FY24The Department of Investment and Public Asset Management or DIPAM secretary Tuhin Kanta Pandey termed the FY24 budgeted estimate for disinv...
Union Budget 2023-24: Divestment target pegged at Rs 51,000 croreThe Indian government expects to raise Rs 51,000 crore from stake sales in various state-run companies, budget documents released on Wednes...
Budget 2023: India set to opt for a conservative divestment target for FY24Kotak Institutional Equities believes the government would look to raise money by divesting further stakes in Life Insurance Corporation, S...
How much to consolidate in the FY23 budget?Gross tax collections in April-November 2021 are tracking at 70% of BE, the highest in the last 10 years. Overall, gross tax revenue is exp...
General govt fiscal deficit estimated at 10.4 pc in FY2022: ReportWith the state governments' fiscal deficit projected at a relatively modest 3.3 per cent of GDP in FY2022, the general government fiscal de...