evidence: The Centre may aim for a modest disinvestment target of around Rs 30,000 crore in 2024-25, 40% lower than the target of Rs 51,000 crore for the current financial year, which is set to be missed by 60%, official sources said. [...] Non-debt capital inflows via this route could be around Rs 20,000 crore or 40% of the target in FY24. The year has seen delays in execution of most of the strategic disinvestment plans including that of IDBI Bank, NMDC Steel and ConCor, partly due to a spate of state elections. [...] The government has never met its ambitious disinvestment targets since FY20 (see chart) due to a host of factors including volatility in the market, obstacles created by administrative ministries and electoral compulsions.