Budget 2019: Government sets the disinvestment target at Rs 1.05 lakh crore

Strategic disinvestment of select public sector undertakings will remain a priority area, FM said.

Update: 2019-07-05 07:42 GMT
Finance Minister Nirmala Sitharaman on Friday said that every single rural family will have electricity and a clean cooking facility by 2022. (Photo: ANI)

New Delhi: The government has increased disinvestment target to over Rs 1 lakh crore for the current financial year, Finance Minister Nirmala Sitharaman said while unveiling final Union Budget 2019-20.

In February this year, the government while presenting the Interim Budget 2019-20 had pegged the disinvestment target of Rs 90,000 crore.

Strategic disinvestment of select public sector undertakings will remain a priority area, she said.

The government proposed to enhance the disinvestment target to Rs 1.05 lakh crore for the current financial year, she said.

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