Blitz Bureau
NEW DELHI: The Government has realised Rs 26,639.33 crore during the current financial year (as on July 22), the Parliament was informed on July 27.
This includes Rs 20,272.40 crore from disinvestment through Offer for Sale (OFS) of Central Bank of India, Coal India Ltd, NHPC Limited, NLC India Limited.
Fixing separate disinvestment targets have been discontinued since financial year 2023- 24. However, Rs 80,000 crore has been kept under miscellaneous capital receipts for budget estimate (BE) 2026-27, which includes estimated receipts on account of management of equity investments and public assets through various mechanisms, Minister of State for Finance, Pankaj Chaudhary, said in a written reply to a question in the Lok Sabha.
Disinvestment is an ongoing process and execution of specific transactions hinges upon market conditions, domestic and global economic outlook, geopolitical factors, investor interest and administrative feasibility. Further, given the market-sensitive nature of disinvestment transactions, drawing up timeline for disinvestment is not feasible, the minister stated.
Disinvestment proceeds during just a little over three months in the current financial year (FY27) have reached the highest in four years, data from the Department of Investment and Public Asset Management (DIPAM) shows.
There are 68 Central public sector enterprises (CPSEs) listed on stock exchanges. The value of government shareholding in these companies is over Rs 22.80 lakh crore. Apart from these, 16 public financial institutions (banks and insurance companies) are also listed and the value of government shareholding in these institutions is around Rs 19 lakh crore.
