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Govt on track to top ₹50k crore from PSU stake sales, IPO push
Mint Kolkata
|October 24, 2025
The Central government is on track to exceed its estimates for miscellaneous capital receipts (MCR) in fiscal year 2026 (FY26) to over ₹50,000 crore, buoyed by a pipeline of offers for sale, strategic stake sales, and possible initial public offerings (IPOs) in state-run companies, two people aware of the matter said.
The budget estimate for miscellaneous capital receipts—which includes proceeds from equity dilution, asset monetization—is pegged at ₹47,000 cr for FY26.
(BLOOMBERG)
The long-awaited sale of the government's and Life Insurance Corp.'s combined 94% stake in IDBI Bank is expected to be completed within the fiscal year, the people said.
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