Assets Of State-Owned Indian Oil, GAIL And NHAI Selected For Monetisation
NDTV
Core assets of major PSUs like NHAI, AAI, NTPC and Indian Oil Corporation have been identified by government for monetisation till 2025
Government has identified core assets of major public sector undertakings (PSUs) like National Highway Authority of India (NHAI), Airports Authority of India (AAI), National Thermal Power Corporation (NTPC), Indian Oil Corporation (IOC), GAIL, Hindustan Petroleum Corporation Limited (HPCL) and many others for monetisation under its National Monetisation Pipeline (NMP) between 2022-2025.
Some of the other PSUs whose assets it has identified for monetisation, include Mahanagar Telephone Nigam Limited (MTNL), Bharat Sanchar Nigam Limited (BSNL), NHPC, Food Corporation of India (FCI) and Neyveli Lignite Corporation.
According to finance ministry sources, under NMP, the core infrastructure assets of these selected PSUs have been identified as through the programme, the government plans to boost its finances, which have been badly hit owing mainly due to the Coronovirus pandemic in the almost two fiscals.
While government has exhausted the route of divesting its stake in major PSUs, the NMP has been designed to offer assets belonging to blue chip state-owned entities on rent to private entities, through which it aims to raise funds till 2025.
