The Finance Ministry has asked central public sector enterprises (CPSEs) identified for strategic sale to immediately prepare a list of to monetised their non-core assets .

• CPSEs would be permitted to dispose the identified non-core assets on a case-by-case basis with the approval of the inter-ministerial group (IMG), chaired by Secretary in the Department of Investment and Public Asset Management (DIPAM).
• State-run companies will have 12 months to monetise non-core assets identified by a ministerial panel, headed by the Finance Minister.
• The guidelines also provide CPSEs with an option to seek relaxation from the IMG of the 12-month deadline for the sale of non-core assets.
• Any budgetary support for the CPSEs will be considered by the Department of Expenditure and DEA only if asset monetisation target is achieved by the CPSEs .
• The amount raised through the sale of non-core assets would form part of the disinvestment proceeds.

 The government has set a target of Rs 90,000 crore to be raised through CPSE disinvestment in the current financial year, up from the Rs 85,000 crore mopped up in the previous financial year.

The centre has exceeded its disinvestment target for the fiscal year 2018-19, as against a target of Rs. 80,000 crore for disinvestment for the current year, the divestment receipts have touched Rs. 85,000 crore.