FY23 disinvestment receipts pegged at Rs 65K Cr; receipts for current year cut to Rs 78K Cr.
The government’s receipt from disinvestment proceeds in the next financial year beginning April has been pegged at Rs 65,000 crore, lower than the current year’s estimated mobilization 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…