Finance Minister to launch National Monetisation Pipeline on Aug 23

The Union Budget 2021-22, laid a lot of emphasis on asset monetisation as a means to raise innovative and alternative financing for infrastructure

Finance Minister Nirmala Sitharaman on August 23 will launch the National Monetisation Pipeline (NMP), which will list out the government's infrastructure assets to be sold over the next four years, an official statement said. "The NMP comprises a four-year pipeline of the central government's brownfield infrastructure assets. Besides providing visibility to investors, NMP will also serve as a medium-term roadmap for the asset monetisation initiative of the government," the Niti Aayog said in a statement on August 22. Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey had earlier this month said that the government is finalising ₹6 lakh crore worth infrastructure assets, including national highways and power grid pipelines, which would be monetised.