Budget should have focused more on privatisation: Ex-NITI Aayog VC

The Budget should have focused more on asset monetisation and privatisation, apart from allocating more funds to the social sector schemes, former NITI Aayog Vice Chairman Rajiv Kumar said. The disinvestment target of ₹51,000 crore for fiscal 2023-24 is way too low, he added. He further suggested that funds raised through asset monetisation should be used to retire public debt.