5 days ago
Government Reaches 78% of FY27 Capital Receipts Target
The government planned to raise ₹80,000 crore during FY27 from selling some investments and using public assets to collect money.
In the first five months, it collected ₹62,124 crore.
That is about 78% of the full-year goal.
The biggest amount came from selling a 6.5% share in Life Insurance Corporation of India.
This sale brought in ₹31,515 crore.
Sales of shares in Coal India, NHPC and Hindustan Copper also raised money.
The government collected another ₹6,367 crore through an Infrastructure Investment Trust.
It is also considering selling IDBI Bank, partly because higher energy and fertiliser import costs could put pressure on spending.
The Centre raised ₹62,124 crore in the first five months of FY27, reaching about 78% of its ₹80,000-crore target.
Disinvestment receipts totalled ₹55,757 crore from minority stake sales, a strategic sale and SUUTI remittances.
A 6.5% stake sale in Life Insurance Corporation of India generated ₹31,515 crore, the largest share of proceeds.
Stake sales in Coal India, NHPC and Hindustan Copper raised about ₹5,542 crore, ₹4,357 crore and ₹3,041 crore, respectively.
The government also raised ₹6,367 crore through an InvIT and is considering a strategic sale of IDBI Bank.
- Who
- The Centre, public sector companies, investors and financial institutions involved in the transactions.
- What
- The government raised ₹62,124 crore through disinvestment and asset monetisation.
- Where
- Through transactions involving Indian public sector companies and assets.
- When
- During the first five months of FY27.
- Why
- To mobilise capital amid concerns that higher energy and fertiliser import costs could increase government expenditure.
Key facts
- FY27 target
- ₹80,000 crore in miscellaneous capital receipts
- Raised so far
- ₹62,124 crore in the first five months of FY27
- Target achieved
- About 78%; approximately ₹17,876 crore remains to reach the target
- Disinvestment receipts
- ₹55,757 crore
- Largest transaction
- A 6.5% stake sale in Life Insurance Corporation of India raised ₹31,515 crore
- Asset monetisation
- ₹6,367 crore raised through an Infrastructure Investment Trust
- Fiscal deficit target
- 4.3% of GDP for FY27
Sources
Government achieves 78% of FY27 disinvestment, asset monetisation target in five months
Govt achieves 78 pc of FY27 disinvestment, asset monetisation target in five months
Govt Achieves 78% Of FY27 Disinvestment Target In Five Months, Raises ₹62,124 Crore
Govt raises Rs 55,757 cr through PSU stake sales in FY27 so far
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