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National Monetisation Pipeline to be launched on Monday
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SME Times News Bureau | 22 Aug, 2021
Union Minister for Finance and Corporate Affairs Nirmala Sitharaman will
launch the National Monetisation Pipeline on Monday at New Delhi.
The
National Monetisation Pipeline (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, said an
official statement.
The Union Budget 2021-22 laid a lot of
emphasis on Asset Monetisation as a means to raise innovative and
alternative financing for infrastructure and included a number of key
announcements.
Further, the National Monetisation Pipeline book
will be released in the presence of Vice Chairman of NITI Aayog, Rajiv
Kumar, CEO, Amitabh Kant, and secretaries of relevant ministries whose
assets constitute the monetisation pipeline.
Presenting the Union
Budget for 2021-22 in February, the Finance Minister noted that
monetising operating public infrastructure assets is a very important
financing option for new infrastructure construction.
She had
also announced that an asset monetisation dashboard will also be created
for tracking the progress and to provide visibility to investors.
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