DIPAM chief
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓DIPAM Secretary Arunish Chawla said the government will continue to push asset monetisation and disinvestment to mobilise resources.
- ✓“Our effort is to ensure that we are able to mobilise additional non-tax resources in a difficult year,” Chawla said.
- ✓The Centre has already collected Rs 62,124 crore during this fiscal year.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Moneycontrol.com
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
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The government will continue to push asset monetisation and disinvestment to mobilise resources and help preserve its fiscal glide path, even as elevated crude oil prices and geopolitical uncertainties complicate the macroeconomic environment, Department of Investment and Public Asset Management (DIPAM) Secretary Arunish Chawla said.
“Our effort is to ensure that we are able to mobilise additional non-tax resources in a difficult year,” Chawla said, underlining the role of DIPAM in generating resources for the government through the monetisation of public assets and stake sales.
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