# Centre raises 74% of ₹80,000-crore asset-sale target in four months 2026-08-20T06:46:01+00:00 | Governance | Indian Opinion Desk Corroboration: 1 independent outlet The Centre has raised ₹59,082.95 crore, or 73.85% of its ₹80,000-crore asset-sale target for FY27, in the first four months of the financial year, according to official data reviewed by Mint. Of this, ₹51,787 crore came from offer-for-sale (OFS) transactions in public-sector companies, with LIC contributing the bulk at ₹31,515 crore from a 6.5% stake sale in August. Another ₹6,366.93 crore was raised through asset monetisation, and ₹2,553.43 crore through PSU dividends. Other major OFS transactions include Coal India (₹5,542.36 crore), NHPC (₹4,357.36 crore), and GIC (₹3,090.47 crore). The government had missed its budgeted disinvestment target for four consecutive years through FY23, before separate targets were discontinued from FY24. Analysts said strong investor appetite for the OFS route could help meet the target, but noted the need for fiscal buffers amid global risks. The strategic sale of IDBI Bank, jointly held by the Centre and LIC, could provide a further boost to receipts. ## Indian Opinion Analysis The ₹80,000-crore target under miscellaneous capital receipts is not a formal disinvestment target, those were discontinued from FY24, but the government has consistently missed its budgeted asset-sale goals for four years through FY23. The LIC OFS alone accounts for over half the amount raised so far, which suggests the pace may slow sharply unless more large transactions, such as the strategic sale of IDBI Bank, close before March. IDBI Bank’s sale, where the Centre and LIC together hold about 95%, has faced repeated delays over valuation and bidder interest. The next concrete signal to watch is whether the government issues a formal expression of interest for IDBI before the end of the fiscal quarter. ## Coverage - livemint.com Leads with strong pace and LIC OFS figure, neutral tone on government performance, attributes analyst caution This story was synthesised by AI from the source linked above. Tags: Coal India, DIPAM, GIC, IDBI Bank, LIC, NHPC Canonical: https://indianopinion.org/centre-raises-74-of-rs80000-crore-asset-sale-target-in-four-months/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/centre-raises-74-of-rs80000-crore-asset-sale-target-in-four-months/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes. How this brief was made: an AI model read the report linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/