The Insolvency and Bankruptcy Code (IBC) Amendment Bill would be introduced by the government in the second half of the Budget session, starting on March 9, according to Finance Minister Nirmala Sitharaman. The speed and direction of disinvestment should set the tone for income generation in the upcoming years, she said at a press event the day after unveiling the historic reform-oriented Budget 2026–2027. “There will be a lot more divestment in the future. In particular, FM Sitharaman stated that the sale of Central Public Sector Enterprises (CPSEs) would be given careful consideration going forward.
She went on to say that in order to increase direct tax receipts, she will need to work on expanding the tax base. “Divestment is a priority, though,” the Finance Minister said, adding that the strategic disinvestment of IDBI Bank is proceeding as planned and should be completed shortly. “The pace of asset monetization and disinvestment will continue, promoting further CPSE public floating. She told reporters, “I am confident that increased private consumption will continue in the upcoming months, and the FY27 deficit target demonstrates the government’s priority is growth.”
In contrast to the revised projection of Rs 33,837 crore for FY26, the Budget has recommended a revenue estimate from miscellaneous capital receipts of Rs 80,000 crore. Revenue from the sale and monetization of government assets is included in the category of miscellaneous capital receipts. In the Budget for 2026–2027, the Finance Minister projected capital spending of Rs 12.2 lakh crore to support large-scale infrastructure projects that will increase economic growth and employment. Compared to the same amount from the prior fiscal year, this implies an increase of 2.2 lakh crore.
