In response to recent stock market volatility caused by the Iran conflict, the Indian government is ramping up its asset monetisation efforts to address potential revenue shortfalls from disinvestment. A senior official noted that the government has set a combined revenue target of ₹80,000 crore for disinvestment and asset monetisation for the fiscal year 2026-27, a significant increase from ₹45,306 crore in the previous year. The strategic sale of IDBI Bank has faced delays, further complicating the government's financial plans. The overall asset monetisation goal for various ministries and state-run entities is set at ₹3.26 lakh crore for 2026-27. The finance ministry is actively engaging with multiple ministries, alongside the NITI Aayog and cabinet secretariat, to encourage effective asset monetisation initiatives. An empowered core group of secretaries, led by cabinet secretary TV Somanathan, will oversee the progress of these efforts. In February, Finance Minister Nirmala Sitharaman launched the second phase of the asset monetisation pipeline, which has a potential of ₹16.7 lakh crore over five years until 2029-30.