The government is accelerating its plan to sell minority stakes in state-owned companies in the current financial year as it seeks to mobilise ₹80,000 crore through equity disinvestment and public asset monetisation, according to officials familiar with the development.
As part of the broader fiscal strategy, the Centre is also aiming to bring down its holding in most listed public sector undertakings (PSUs) to 75 per cent by the end of the year. Officials said the move is intended to strengthen market participation while helping the government meet its revenue and fiscal management targets.
An offer for sale (OFS) in Life Insurance Corporation of India (LIC) is also expected to be launched “very soon,” one of the officials indicated. The proposed divestment is part of a wider push to fast-track stake sales across multiple PSUs in order to improve budgetary inflows.
The disinvestment drive comes amid growing fiscal pressures and the government’s commitment to meeting its capital-raising targets without increasing the tax burden. Officials said the focus remains on calibrated asset monetisation while ensuring stable market conditions for public offerings.
The initiative is expected to include a mix of strategic stake sales and small-ticket divestments across several state-owned enterprises in the coming months, as the government intensifies efforts to improve efficiency in public asset management and broaden the investor base in PSU stocks.
