WE ARE BUILDING A STRATEGIC DISINVESTMENT PIPELINE”
The Union Budget targeted ₹2.1 lakh crore disinvestment, of which ₹1.2 lakh crore was to come from CPSEs. Latest data shows only ₹5,000 crore has been realised.
All pre-Covid Budgets across the world have gone topsy-turvy. The Coronavirus pandemic is an unprecedented event. Things changed beyond anybody’s comprehension. Nobody anticipated that there could be a lockdown and people would not be able to travel for months together. Therefore, talking of a February budget under these extra-ordinary and uncertain circumstances may not be appropriate. We have to see going forward what we can do.
What is the realistic target now?
There is no specific number as on date, because our effort has been to look at what we can do during and post-Covid. So, we should do whatever best we can. If you get fixated with target numbers, then you need to factor in the several lost months.
The issue is what we can do, and what we have been able to do. In July, because the debt market was doing well, while the equity market had crashed, we raised more than
