The government’s ambitious disinvestment schedule for FY22 may get delayed by a few months because of the second wave of the covid-19 pandemic, disinvestment secretary Tuhin Kanta Pandey indicated on Wednesday. Pandey, however, exuded confidence that the ₹1.75 trillion target is still achievable.
“Any divestment would mean that there are bidders on the other side and we have to listen to them as well. To some extent, the timing will be conditioned by the way they respond. In the last month or so, the pandemic has really come like a storm. We have to wait and see if the storm passes,” Pandey, who is in charge of the department of investment and public asset management (Dipam) and department of civil aviation,