Minister for Finance, Nirmala Sitharaman has launched the asset monetisation pipeline of Central ministries and public zone entities: National Monetisation Pipeline. Asset Monetisation, potentially a constrained period license/ lease of an asset, owned by the government or public authority, to a private region entity for upfront or periodic consideration.
Highlights:
The National Monetisation Pipeline (NMP) lists out belongings and asset classes, under various ministries, which will be monetised over a length of time. Which capacity belongings will be monetised.
This pipeline has been developed by NITI Aayog, in session with infrastructure line ministries, based totally on the mandate for Asset Monetisation underneath Union Budget 2021-22.
NMP estimates combination monetisation possible of Rs 6.0 lakh crores thru core assets of the Union Government, over a four-year period, from FY 2022 to FY 2025.