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The Economic Times
The Economic Times

Govt raises nearly Rs 20,000 crore through disinvestment, asset sales as West Asia conflict swells subsidy burden

The Centre has already mobilised close to Rs 20,000 crore through stake sales and asset monetisation in the first two months of the current financial year, as it looks to shore up revenues amid growing concerns over the fiscal impact of the conflict in West Asia, according to a TOI report.

The amount raised so far accounts for roughly a quarter of the government's full-year target, reflecting a renewed push to generate non-tax revenues at a time when spending pressures are mounting.

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