Modi govt launches ₹6 lakh crore plan to monetise 'under-utilised assets'
Published on Aug 23, 2021 08:27 PM IST
- Finance Minister Nirmala Sitharaman on Monday announced a ₹6 lakh crore National Monetisation Pipeline (NMP) that will look to unlock value in infrastructure assets across sectors ranging from power to road and railways. She also said the asset monetisation does not involve selling of land and it is about monetising brownfield assets. "NMP estimates aggregate monetisation potential of ₹6 lakh crores through core assets of central government over the four-year period from FY 2022 to FY 2025," she said. "Ownership of assets will remain with the government and there will be a mandatory hand-back." Watch the full video for more details.
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