Budget 2023: Disinvestment target: Hits and Misses
The central government has achieved only ₹31,000 crore of the targeted ₹65,000 crore.
disinvestment target
January 2023
June 2022
February 2022
February 2021
March 2020
February 2020
January 2020
December 2019
Multiple bids received for FSNL disinvestment: DIPAM
The central government is looking to divest its entire stake in FSNL and transfer management control through the disinvestment process.
Fiscal deficit widens to 58.9% as expenses mount, revenues dip in January
The Centre earned only ₹12,037 crore from offloading equity holdings, merely 15% of the budgeted disinvestment target of ₹78,000 crore for FY22.
Budget 2021: The FM hits a six with big growth push
Finance minister Nirmala Sitharaman's Budget 2021 seizes the moment and unleashes a slew of measures to get the growth momentum back. This Budget is her boldest yet.
'Growth' Budget gets a thumbs up from markets
Absence of new taxes, no tweaking of older ones, infrastructure capex focus, and stronger disinvestment intent boosts equity indices, with the Sensex recording its best Budget-day gains since 1997.
The importance of the BPCL stake sale
BPCL’s strategic sale goes much beyond the money that will flow into the government’s coffers, because it will be India’s biggest fuel market reform since 2002.
Definitely a consumption Budget: Nirmala Sitharaman
Through an outreach programme after the Budget, finance minister Nirmala Sitharaman explains how her Budget proposals would aid economic growth while remaining fiscally prudent.
‘Budget 2020 will be very challenging’
Despite a lower tax mop-up and the shortfall in disinvestment target, government receipts are seen growing 6% in FY20, thanks to RBI’s large dividend. But FY21 would be different.
Meeting the govt’s ₹1.05 lakh crore sell-off target
The easiest way to meet or even exceed the disinvestment target is for the government to reduce its stake to 49% in various central public sector units.
