The right approach for disinvestment3 min read 29 Oct 2015, 09:25 PM IST
Disinvestment is not just an instrument to bridge the fiscal deficit
The disinvestment story is once again slipping into a set narrative. The government first sets a target to fill the revenue gap and then falls short of it for one reason or the other. As only ₹ 12,701.33 crore has been raised so far this fiscal year through stake sales in public sector firms, as against the ambitious goal of ₹ 69,500 crore for the full year, the government is now reportedly thinking of more than halving the target to ₹ 30,000 crore.