Budget 2024: Govt aims to mop-up Rs 50,000 crore from PSU disinvestment, asset monetisation in FY25 PSU Watch
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Budget 2024: Govt aims to mop-up Rs 50,000 crore from PSU disinvestment, asset monetisation in FY25

The Central government is aiming to collect Rs 50,000 crore from disinvestment and asset monetisation, said DIPAM Secretary

Vivek Shukla

New Delhi: The Central government is aiming to collect Rs 50,000 crore from disinvestment and asset monetisation, said Tuhin Kanta Pandey, Secretary for the Department of Investment and Public Asset Management (DIPAM). In addition, the government estimates a total of Rs 52,260 crore dividend payout from PSUs (Public Sector Undertakings) in 2024-25, the blueprint for Budget 2024-25 shows. This is higher than the Rs 48,000 crore estimated in the interim budget announced in February 2024.

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Budget estimates for dividend from RBI, banks, FIs higher

The budget also estimates that dividend from RBI, banks and financial institutions would be Rs 2,32,874 crore in FY25, more than double of interim budget estimate of Rs 1.02 lakh crore. The massive increase in the number is on account of the windfall dividend of Rs 2.11 lakh crore from the RBI.

As per the budget document, the government has estimated Rs 50,000 crore towards capital receipts. This is same as the amount provisioned for in the interim budget. The revised estimates for last fiscal has been pegged at Rs 30,000 crore. Pandey said that the amount includes proceeds expected from CPSE disinvestment and asset monetisation.

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