FM Sitharaman Signals Aggressive CPSE Divestment Push for Revenue Growth

• Finance Minister Nirmala Sitharaman announced an aggressive push for Central Public Sector Enterprises (CPSEs) divestment to drive revenue generation.
• The move aims to ensure the debt-to-GDP target of 50 percent by FY31 is achieved, alongside broadening the tax base.
• IDBI disinvestment is expected to conclude soon, setting a precedent for future sales.
• The Centre projects miscellaneous capital receipts, including asset sales, to reach Rs 80,000 crore by FY27, a significant jump from FY26's revised estimate.
• Despite recommendations from the economic survey to redefine 'government company' for greater equity monetization, the FM stated no such change is currently being considered.

Why It Matters: FM Sitharaman confirms a strong focus on CPSE divestment to boost revenue and manage national debt.