Monday, January 24, 2022

Finance Minister Nirmala Sitharaman to launch National Monetisation Pipeline in New Delhi today

Union Minister for Finance and Corporate Affairs Nirmala Sitharaman, will launch the National Monetisation Pipeline (NMP) today at New Delhi. NMP comprises a four-year pipeline of the Central Government’s brownfield infrastructure assets. Besides providing visibility to investors, NMP will also serve as a medium-term roadmap for the Asset Monetisation initiative of the Government.

The NMP will serve as a roadmap for asset monetisation of various brownfield infrastructure assets across sectors including roads, railways, aviation, power, oil and gas, and warehousing. The government has planned a 6-trillion rupees pipeline of assets that can be monetised, which will include a range of assets put on the block for private sector participation.

The government has also developed an asset monetisation dashboard for monitoring the real-time progress of NMP. The portal has been prepared as the government tries to provide a one-stop-shop to investors keen on taking over assets of government departments and ministries. Policy think tank NITI Aayog has finalised the NMP of potential brownfield infrastructure assets that has been created for a four-year period from the financial year 2021-22 to 2024-25.

- Advertisement -spot_img
Latest news
Related news