Categories: National

Nirmala Sitharaman launches the National Monetisation Pipeline

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.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

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%).

Find More National News Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Which Country is Known as the Land of Festivals?

India is often called the Land of Festivals because it celebrates countless festivals throughout the…

37 mins ago

Simone Tata: The Visionary Behind Lakmé and Westside Passes Away at 95

Simone Tata, a transformative figure in India’s business landscape and the step-mother of Ratan Tata,…

2 hours ago

When was IndiGo Airlines Founded and Who Founded It?

IndiGo Airlines is one of India’s most popular and trusted airlines. It is known for…

2 hours ago

Which Country is Known as Deutschland?

Many countries have different names in different languages. One such country is Germany, which is…

3 hours ago

Which River is Known as the Lifeline of Northeast India?

Northeast India is a region full of beautiful landscapes, green forests and rich culture. A…

3 hours ago

Which is the Largest Railway Station of Jharkhand? Know About It

Jharkhand, a state in eastern India, has a well-developed railway network that connects it to…

3 hours ago