Decade of Disinvestment Yields Rs 4.20 trillion, FY24 Target Likely Missed

27 Dec 2023 CW Team

Over the past ten years, the Indian government's disinvestment efforts have yielded over Rs 4.20 trillion, reflecting a significant financial achievement. However, the current trajectory suggests a potential shortfall in meeting the disinvestment target for the fiscal year 2023-24.

The comprehensive disinvestment strategy has played a crucial role in generating substantial funds for the government. Despite the overall success, the upcoming fiscal year's target may prove challenging to achieve, introducing an element of uncertainty into the government's fiscal planning.

The Rs 4.20 trillion mark represents a notable milestone, showcasing the effectiveness of disinvestment as a financial instrument. As the government navigates economic dynamics, meeting future disinvestment targets will require strategic planning and market responsiveness.

While the decade-long disinvestment achievement underscores financial prudence, attention is now focused on the challenges and strategies to meet future fiscal goals. The evolving economic landscape and market conditions will play a pivotal role in determining the success of future disinvestment initiatives, impacting India's fiscal outlook in the years to come.

Real Estate

03 Apr 2026

Loomcraft Enters South India with Kerala Store Launch

Loomcraft has launched its exclusive store in Kerala, marking its entry into South India and a key step in its nationwide expansion strategy. The move targets a region driven by tourism and premium real estate demand, where outdoor spaces play a central role in hospitality and residential experiences.Kerala’s growing base of luxury resorts, boutique hotels, villas and gated communities has created strong demand for specialised outdoor furniture. However, the region has remained underserved, with buyers relying on imports or generic products not suited to humid, coastal and monsoon-heavy cond..

Mild Steel Prices Seen Rising to Rs 61,000 Per Tonne

Mild steel prices in India, currently around Rs 58,000 per tonne, are expected to rise to nearly Rs 61,000 per tonne in April, indicating an increase of about Rs 3,000 per tonne. The anticipated rise reflects structural pressures driven by geopolitical tensions, energy constraints and limited raw material availability.Ongoing global conflict has disrupted energy markets, leading to LNG shortages that are affecting domestic steel production. Small and mid-sized manufacturers, particularly those dependent on gas-based processes, are witnessing production cuts due to constrained energy supply, re..

Vedanta Expands Transgender Workforce to 75 Employees

Vedanta has strengthened its commitment to workplace inclusion by employing 75 transgender individuals across its businesses, including Vedanta Aluminium, Hindustan Zinc, Sesa Goa, FACOR and Cairn Oil & Gas. The initiative reflects sustained hiring efforts since 2022 to build equitable opportunities across operations, corporate and technical roles.Transgender employees are engaged in functions such as operations, finance, logistics, HR, CSR, healthcare and security, with provisions for internal mobility to support career progression. The company has implemented structured policies, includi..