The Government of India has set an ambitious disinvestment and asset monetisation target of Rs 80,000 crore for FY27, nearly 135% higher than the revised estimate of Rs 33,837 crore for FY26.
According to reports, the Government is planning to sell its stake in IDBI Bank and the Life Insurance Corporation of India (LIC).
At the post-budget press conference, finance minister Nirmala Sitharaman said the government will continue to pursue all disinvestment proposals approved by the cabinet.
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So far in FY26, the government has mobilised Rs 8,768 crore through disinvestment, significantly lower than the Rs 17,201 crore raised in FY25.
Economic affairs department secretary Anuradha Thakur said the government has a “very strong asset monetisation plan” backed by a clearly defined pipeline. “A pipeline is prepared, and the government hopes to reap the dividends from that,” she said.
The most important disinvestment would be the strategic sale of IDBI Bank, for which financial bids have already been invited. At current valuations, the sale of the government’s 30.48% stake could fetch around Rs 37,000 crore.
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The government may also sell up to a 3% stake in LIC in FY27, getting upto Rs 20,000 crore. Apart from LIC and IDBI Bank, Government also plans to sell stake in some public sector banks.
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