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FY23 disinvestment receipts pegged at Rs 65K cr; receipts for current yr cut to Rs 78K cr

The government's receipt from disinvestment proceeds in the next financial year beginning April have been pegged at Rs 65,000 crore, lower than the current year's estimated mobilisation of Rs 78,000 crore. With budgeted disinvestment targets rarely met, Finance Minister Nirmala Sitharaman's fourth Budget drastically reduced the receipts to an achievable Rs 78,000 crore in the
Nirmala Sitharaman Pawan Hans Central Public Sector Enterprises Cpses Air India Life Insurance Corporation Union Budget

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