The current year’s disinvestment proceeds have exceeded Rs 31,000 crore but remain below the revised target of Rs 50,000 crore. This target was lowered from the Rs 65,000 crore set in the FY23 budget.
Government may announce lots of disinvestment plans in the Budget and some hike in income tax slabs, says Dhananjay Sinha, Emkay Global Fin Services.