Exclusive: Finance Minister Sitharaman Charts A Different Disinvestment Route In Budget 2024

In an exclusive post-interim Budget 2024-25 interview with Business Today TV, Finance Minister Nirmala Sitharaman emphasizes the importance of strategic disinvestment for the government. Reflecting on the successful disinvestment of Air India, she underscores the government's belief in minimizing its presence outside the core sector. The Finance Minister, however in her conversation with Rahul Kanwal, Executive Director, Business Today and Siddharth Zarabi, Managing Editor, Business Today TV, emphasises the need to ensure the highest valuation for PSUs being considered for disinvestment and says the market conditions should be ideal for selling government stake in the companies. The government has, in fact, not set a divestment target for 2024-25 in the interim budget.