InvestorQ : What would be the divestment target set by the government for FY23?
Anjali Desai made post

What would be the divestment target set by the government for FY23?

Answer
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1 year ago
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The divestment proceeds should also be higher, especially as some of the planned divestments of F2022spill over into F2023. Consensus estimates expect divestment proceeds of Rs1.25tn in F2023.

However, much depends on the public listing of Life Insurance Corp. of India (LIC), which is expected to fetch around Rs1 trillion. Additionally, the stake sale of Bharat Petroleum Corp Ltd has also been pushed to the next year. Meanwhile, the successful implementation of the National Monetization Plan (NMP) could also amplify the government’s divestment target.
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