Nirmala Sitharaman To Launch National Monetisation Pipeline On August 23, 2021

Finance Minister Nirmala Sitharaman will launch National Monetisation Pipeline on August 23

Finance Minister Nirmala Sitharaman on Monday will unveil the Centre's formidable National Monetisation Pipeline (NMP), which is a four-year pipeline for these infrastructure belongings that the federal government plans to monetise for producing funds.

Mainly brownfield infrastructure asets have been earmarked by the Centre for NMP, official sources mentioned.

NMP has additionally been designed to draw extra buyers to the nation and encourage various financing for infrastructure belongings.

In the Union Budget for 2021-22, the Finance Minister had made a number of important bulletins relating to asset monetisation and careworn on the truth that the federal government is taking a look at revolutionary methods to boost funds.

Under NMP, the Centre is finalising Rs 6 lakh crore price of infrastructure belongings, together with nationwide highways, cellular towers, stadia, railway stations in addition to energy grid pipelines amongst different key belongings, which it plans to monetise.