Finance Minister Nirmala Sitharaman on August 23 will release the National Monetisation Pipeline (NMP), to listing out the authorities’ infrastructure belongings to be bought over the following 4 years, an authentic announcement stated. "The NMP accommodates a 4-year pipeline of the primary authorities’ brownfield infrastructure belongings. Besides imparting visibility to investors, NMP can even function a medium-time period roadmap for the asset monetisation initiative of the authorities," the Niti Aayog stated in an announcement on August 22.
Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey had in advance this month stated that the authorities are finalising ₹6 lakh crore well worth infrastructure belongings, which include countrywide highways and electricity grid pipelines, which might be monetised.
"A countrywide monetisation plan of about ₹6 trillion is withinside the offing to have more than a few belongings from pipelines to electricity grid pipelines to countrywide highways, ToT [toll-operate-transfer] and so on," Mr Pandey stated.
The Union Budget 2021-22, laid a whole lot of emphasis on asset monetisation as a method to raise modern and opportunity financing for infrastructure.
In her finances speech, Ms Sitharaman had stated that monetising working public infrastructure belongings become a completely vital financing choice for new infrastructure construction. "A National Monetisation Pipeline of ability brownfield infrastructure belongings may be launched. An asset monetisation dashboard can also be created for monitoring the development and to provide visibility to investors," she had stated. The authorities perspectives asset monetisation as an approach for the augmentation and renovation of infrastructure, and now no longer only an investment mechanism.
The NMP book may be launched withinside the presence of Niti Aayog Vice Chairman Rajiv Kumar, Niti Aayog CEO Amitabh Kant, and Secretaries of relevant ministries whose assets constitute the monetisation pipeline.