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Asset monetisation may fetch Rs 12,000 crore in FY24, Rs 15,000 crore in FY25: DIPAM Secy

Capital receipts of Rs 30,000 cr in FY24 RE includes disinvestment, asset monetisation: DIPAM Secy

The government has budgeted Rs 30,000 crore from other capital receipts in the Revised Estimates for the current fiscal. For 2024-25, the amount is budgeted at Rs 50,000 crore. DIPAM Secretary Tuhin Kanta Pandey said the Budget does not have any specific target for disinvestment for the next fiscal and the Rs 50,000 crore receipts is estimated to come from disinvestment and asset monetisation, as well as capital receipts, which are not classified elsewhere.

Govt to complete IDBI Bank strategic sale in FY25: Dipam Secy Pandey

Govt to complete IDBI Bank strategic sale in FY25: Dipam Secy Pandey
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disinvestment: After IREDA listing, what next? DIPAM secy says no plan for LIC FPO at the moment

“There is no withdrawal of RFP for the IDBI Bank. It is under strategic disinvestment. One of the RFPs is for Asset Valuer, which was revised and very soon it will come again. We looked at it. We did not have sufficient bids so therefore, we have re-looked at it and I think possibly as soon as next week, you know, that again RFP will be out.”

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