Centre may moderate FY25 disinvestment target amid limited asset sales

The FY24 Budget Estimate of Rs 51,000 cr expected to be halved

The Centre could further moderate its disinvestment target for 2024-25 (FY25), as it does not expect large receipts from asset sales. But some ongoing strategic stake sales, including in IDBI Bank, could spill over into next financial year. Also, it may drastically reduce the target of Rs 51,000 crore it had set for disinvestment proceeds in the Union Budget for FY24.  

"We are still evaluating the Budget estimates for FY25. However, new big-ticket asset sales are unlikely. The focus will be on completing the ongoing deals," said a government source privy to the discussion who did not wish to be