MUMBAI : India will likely cut its disinvestment and asset monetisation target by 40% for 2024-25 in the federal budget to be presented next month.
The government will revise the target to less than 300 billion rupees) from the initial 500 billion rupees.
The government may set the target at about 450 billion rupees to 500 billion rupees for the next fiscal year, as it intends to conclude the IDBI Bank , opens new tab transaction and step up its asset monetisation bid, the report said.
