4 days ago
Government Surpasses Three-Quarters of FY27 Capital Receipts Target
The government planned to raise ₹80,000 crore during FY27 by selling some shares and assets.
It has already collected more than ₹62,000 crore in the first five months.
Most of this money came from selling parts of its ownership in public companies.
The Life Insurance Corporation of India provided the largest amount, at more than ₹35,000 crore.
The government also earned money by selling or monetising assets.
It may raise much more if the proposed sale of a 60.72% stake in IDBI Bank is completed.
Fairfax Financial Holdings has reportedly made a bid for that stake.
More share sales could happen later, depending on market conditions.
The government collected more than ₹62,000 crore under Miscellaneous Capital Receipts in the first five months of FY27.
The amount includes over ₹55,700 crore from share sales and more than ₹6,300 crore from asset monetisation.
The Life Insurance Corporation of India contributed over ₹35,000 crore through an offer for sale.
The FY27 budget target for Miscellaneous Capital Receipts is ₹80,000 crore.
A potential 60.72% stake sale in IDBI Bank could generate over ₹56,000 crore if completed.
- Who
- The government, the Life Insurance Corporation of India, and other public-sector companies and institutions are involved.
- What
- The government collected more than ₹62,000 crore under Miscellaneous Capital Receipts through share sales and asset monetisation.
- Where
- The funds were raised through stock-market share sales and asset monetisation involving public-sector enterprises and financial institutions.
- When
- The collection was reported after the first five months of fiscal year 2026-27; the report was published on August 28, 2026.
- Why
- The government is raising funds through disinvestment and asset monetisation, while also working toward minimum public-shareholding requirements.
Key facts
- FY27 budget target
- ₹80,000 crore under Miscellaneous Capital Receipts
- Collected so far
- More than ₹62,000 crore
- Share-sale proceeds
- Over ₹55,700 crore
- Asset-monetisation proceeds
- More than ₹6,300 crore
- Largest contributor
- Life Insurance Corporation of India, with over ₹35,000 crore from an offer for sale
- Potential IDBI Bank proceeds
- More than ₹56,000 crore at current price levels, if the proposed sale is completed
- Proposed IDBI Bank stake
- 60.72%, reportedly bid for by Fairfax Financial Holdings
Sources
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