evidence: Disinvestment refers to the sale or liquidation of assets, i.e, converting an asset into cash or cash equivalents by selling them in the open market and distributing them to claimants. It generally includes central and state public sector enterprises, projects, or other fixed assets. The main objectives of disinvestment in India are to reduce the fiscal burden and improve the efficiency of the enterprise, increase revenue sources, bring in private players, promote competition, and develop a strong capital market. [...] Looking at some political trends in disinvestment, the data from DIPAM suggest that till 8 November 2018, total disinvestment done by NDA-led governments was almost twice (58%) than that done by the UPA-led governments since 1991. There have been shortcomings and disinvestment targets have not been met successfully in the past. Some of the reasons for such low proceeds have been unattractive offers for private investors, opposing views in the valuation process, lack of will, and unfavourable market conditions. [...] According to the CMIE report dated 5 November 2021, Finance secretary, T V Somanathan pointed that Covid-19 derailed the plan in the first two quarters of 2021-22, making it difficult and unlikely for the government to meet the disinvestment target for this session. The unorganised sector has been hit the worst due to the COVID-19 pandemic, with loss of employment and wealth. Such volatility adds to high levels of uncertainty. However, if strong liquidity persists and core economic sectors keep doing well, the government might find itself in a position to achieve a higher percentage of its divestment target.