Home News asset monetisation: With transactions worth Rs 1 lakh crore, govt surpasses FY22 target of monetisation plan

asset monetisation: With transactions worth Rs 1 lakh crore, govt surpasses FY22 target of monetisation plan

by WOOWinvest
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asset monetisation: With transactions worth Rs 1 lakh crore, govt surpasses FY22 target of monetisation plan


The government has completed deals worth Rs 100 crore under the National Monetization Pipeline (NMP) in 2021-22, exceeding the ambitious plan of Rs 88,000 crore in the first year, Niti Aayog chief executive Amitabh Kant said on Tuesday. Target. Kant told an event organised by the Public Affairs Forum of India (PAFI) that India needs to go all out, including manufacturing and services, to achieve high growth rates.

“India has the largest asset monetization program… My asset monetization target last year was Rs 88,000 crore. I’ve surpassed Rs 12,000 crore,” he said.

In August 2021, Finance Minister Nirmala Sitharaman announced a four-year Rs 600 crore NMP to unlock the value of infrastructure assets across industries.

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