DISINVESTMENT HOPE

The 2021-22 budget estimates to receive Rs 1,75,000 crore through disinvestment. The government plans to eventually restrict state-owned firms to only four strategic areas and disinvest the rest. Historical data shows that amount realised through disinvestment has fallen in the last two years. The Nifty bank PSU index saw its biggest movement in over ten months as finance minister announced government’s intention of privatising two public sector banks.