"Asset Monetisation Now Goes Beyond Traditional Disinvestment," Says DIPAM Secretary

Is the government really selling assets, or reinventing how public wealth is managed? Dr Arunish Chawla, Secretary, DIPAM, says India's disinvestment strategy has fundamentally changed. Rejecting the idea of "selling family silver," he explains that the ₹80,000 crore target for FY27 will be achieved through a mix of calibrated stake sales and innovative asset monetisation tools like InvITs and REITs. Highlighting strong PSU performance, he notes that CPSCs have seen a fivefold jump in market capitalisation over 12 years and are delivering record profits and dividends. The message from DIPAM is clear, disinvestment is no longer about quick cash, but about long-term value creation and smarter public asset management.