Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman has launched the asset monetisation pipeline of Central ministries and public sector entities: ‘National Monetisation Pipeline’. Asset Monetisation, means a limited period license/ lease of an asset, owned by the government or public authority, to a private sector entity for upfront or periodic consideration.
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What is National Monetisation Pipeline (NMP)?
- The National Monetisation Pipeline (NMP) lists out assets and asset classes, under various infrastructure ministries, which will be monetised over a period of time. Which means assets will be monetised.
- The pipeline has been developed by NITI Aayog, in consultation with infrastructure line ministries, based on the mandate for ‘Asset Monetisation’ under Union Budget 2021-22.
- NMP estimates aggregate monetisation potential of Rs 6.0 lakh crores through core assets of the Central Government, over a four-year period, from FY 2022 to FY 2025.
- The top 5 sectors capture about 83% of the aggregate pipeline value. These top 5 sectors include- Roads (27%) followed by Railways (25%), Power (15%), oil & gas pipelines (8%) and Telecom (6%).
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