Finance Minister Arun Jaitley set the target for capital receipts from disinvestments for the current financial year to Rs 58,425 crore. This is 12.5 per cent higher than the target of Rs 51,925 crore set by his predecessor P. Chidambaram in the interim Budget in February. Jaitley aims to get Rs 63,425 crore from miscellaneous capital receipts, comprising disinvestments of the Government's stakes in central public sector enterprises (CPSEs), equity in non-Government entities and in the Central Public Sector Enterprises Exchange Trade Fund. The target announced is 13.6 per cent higher than that set last year and 145.4 per cent higher than the revised target for 2013-14.
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