Disinvestment target for FY24 to be at a 'realistic level' of Rs 65K-crore

Centre's receipts from disinvestment till November in FY23 stand at Rs 24,544 crore

The disinvestment target for the year 2023-24 may be set at around Rs 65,000 crore, a report in Financial Express (FE) said. This will be on a "realistic level" keeping in mind the receipts of the current year that may range between Rs 45,000 and Rs 50,000 crore. 

Currently, Centre's receipts from disinvestment stand at Rs 24,544 crore. It is just 38 per cent of the annual target presented in the Budget 2022. A major chunk of this, close to Rs 20,500 crore, was achieved only via selling a 3.5 per cent stake in the Life Insurance Corporation of India (LIC).