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The Economic Times
The Economic Times

Govt achieves 78 pc of FY27 divestment, asset monetisation Budget target in Apr-Aug

Budget LIC GIC IDBI Bank Coal India Hindustan Copper

New Delhi: The government has achieved about 78 per cent of the FY27 budgeted disinvestment and asset monetisation target of Rs 80,000 crore within 5 months of the financial year.

The government has raised Rs 55,757 crore so far this fiscal through minority stake sale in 9 PSUs, including the big ticket ones like LIC and Coal India, as well as strategic sale of Indian Medicines Pharmaceuticals Corporation Ltd and remittances from SUUTI.

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