The latest OFS offered a 6.5 per cent stake, comprising a 2.5 per cent base offer and a 4 per cent green-shoe option. Disinvestment targets have frequently exceeded actual collectionsThe government's disinvestment programme has struggled to consistently meet the targets announced in the Budget over the years. The latest LIC OFS proceeds add substantially to the government's disinvestment collections for the current fiscal year. Under the Ministry of Finance's accounting framework, non-debt capital receipts broadly comprise recoveries of loans and advances and miscellaneous capital receipts. The latest LIC OFS proceeds are expected to further increase the share of MCR in non-debt capital receipts this year.