Govt beats FY26 divestment target, raises ₹45,306 crore; FY27 collections near ₹28,000 crore

The Centre realised ₹45,306 crore through divestment and asset monetisation in FY26, exceeding the revised estimate of ₹33,837 crore, the Finance Ministry informed the Lok Sabha on Monday. The government raised ₹16,885 crore through divestment of public sector enterprises and ₹28,420 crore through asset monetisation, underscoring an acceleration in its non-tax revenue mobilisation efforts, it added.The FY26 realisation is significantly higher than the revised budget target and comes amid the government’s broader push to monetise public assets and unlock value from state-owned enterprises.For FY27, the government has already mobilised ₹27,568 crore as of August 5, indicating a strong start towards achieving the current year’s disinvestment and asset monetisation objectives.Of the amount raised so far in FY27, ₹21,201 crore came from offers for sale (OFS) in public sector companies, including Central Bank of India, Coal India, NHPC, NLC India, General Insurance Corporation (GIC), Indian Railway Finance Corporation (IRFC) and Cochin Shipyard. A further ₹6,366 crore was realised through the strategic divestment of Indian Medicines Pharmaceutical Corporation Ltd.The latest figures come as the government steps up its divestment programme to boost revenues and improve capital allocation across public sector enterprises.Earlier this year, the Centre outlined an ambitious roadmap under Asset Monetisation Pipeline 2.0, which envisages monetisation opportunities across highways, railways, power, ports, mining and other infrastructure sectors over the next five years.The government has also indicated that disinvestment remains a key pillar of its fiscal strategy. DIPAM Secretary Arunish Chawla recently told CNBC-TV18 that the Centre remains confident of meeting its divestment goals and expects additional OFSs, qualified institutional placements and other stake-sale transactions over FY27.In July, CNBC-TV18 had reported that the government had achieved nearly a third of its FY27 disinvestment and asset monetisation target within the first quarter, driven by a series of PSU stake sales and monetisation transactions.(Edited by : Ajay Vaishnav)

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