New Delhi, Jan. 12 -- The Confederation of Indian Industry (CII) has proposed the creation of a rolling three-year pipeline of public sector enterprises (PSEs) for stake sale to provide momentum to the government's privatisation programme and improve investor participation.

Ahead of the Union Budget 2026-27, the industry body said greater predictability and a demand-driven approach could help unlock value from disinvestment and support public spending on development and infrastructure amid global economic uncertainty.

Rs 10 Lakh Crore Potential from Stake Reduction

According to CII's estimates, a calibrated reduction of the government's stake to 51 per cent in 78 listed PSEs could potentially unlock close to Rs 10 lakh crore.

In the f...