Watch the video to find out all about the finance ministry’s divestment target.
The government has set a high divestment target of Rs 2.1 lakh crore for FY20-21 and expects to earn Rs 90,000 crore by selling its stake in PSBs, Finance Minister Nirmala Sitharaman said in an exclusive interview with Network 18 Editor-in-Chief Rahul Joshi.
The balance Rs 1.2 lakh crore is expected to come in from the sale of central public sector enterprises, she added.
The government failed to meet the Rs 1.05 lakh crore target set for the current fiscal. Disinvestment receipts have been revised to Rs 65,000 crore in the revised estimates of 2019-20.
Subscribe to Moneycontrol Pro's Annual plan for Rs 399/- for the first year. Use coupon PRO2020 (Available on Web & Android only).