New Delhi: The government plans to raise ₹50,000 crore through disinvestment and asset monetisation of public sector undertakings (PSUs) in the fiscal year 2024-25.
According to Tuhin Kanta Pandey, Secretary of the Department of Investment and Public Asset Management (DIPAM), the Central government intends to earn Rs 50,000 crore through disinvestment and asset monetisation. Furthermore, the government expects a total dividend payout of Rs 52,260 crore from PSUs (Public Sector Undertakings) in 2024-25, according to the Budget 2024-25 blueprint. This is more than the Rs 48,000 crore predicted in the interim budget released in February 2024.
The government has allocated Rs 50,000 crore for capital receipts, according to the budget document. This is the same as what the interim budget had allocated. The updated estimates for the previous fiscal year are set at Rs 30,000 crore. According to Pandey, the sum comprises anticipated revenue from asset monetisation and CPSE disinvestment.
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