New Delhi: At a CII event, Arunish Chawla, Secretary of the Department of Investment and Public Asset Management (DIPAM), announced the government’s bold ₹80,000 crore target for disinvestment and asset monetisation by FY27. This is a big leap from ₹33,837 crore expected this fiscal. Chawla confidently said, "Let me assure you, the large target indicates our aspiration, our desire, and also our confidence that we have put our house in order." To reach this goal, DIPAM will work with the economic affairs department to unlock the value of land assets owned by central public sector enterprises. They plan to do this by creating dedicated real estate investment trusts (REITs). Finance Minister Nirmala Sitharaman had proposed this idea in the recent budget to speed up the recycling of state-run firms’ real estate assets. Chawla also called on industry experts to give feedback on plans to reduce the government’s stake in state-owned companies. This shows the government’s push to attract investment and make public assets more valuable.