Finance Minister Nirmala Sitharaman unveiled the Governments' National Monetisation Pipeline (NMP) which is an ambitious plan to monetise infrastructure assets for generating funds over the next 4 months. Under the National Monetisation Pipeline the Govt will sell ₹ 6 lakh crore worth of infrastructure assets, including railway stations, national highways, mobile towers, stadia, railway stations as well as power grid pipelines and airports.
The top 3 sectors to be monetised will road, railways and power said Amitabh Kant. CEO of NITI Aayog. Here are the details of what's part of the government's monetisation plan. The govt has identified Rs 1.6 lakh crore worth national highways that will be put up for auction. The railways will also help keep funding on track where stations, trains will be monetised by the central govt. 25 airport projects and even 2 national stadiums are also part of mega funding plan for North Block through the National Monetisation Pipeline.
The Finance Minsiter was quick to remind the audience that this asset sale does not represent a fire sale or a desperate need for funds but a partnership where the ownership of the asset does not transfer and continues to stay with the government.