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In next four years, that is up till 2025, Government will sell out its brownfield owned assets to private companies in an attempt to generate revenue worth 6 lakh crores.
This brand new and ambitious assets monetisation scheme will be known as the NMP – ‘National Monetisation Pipeline’ plan.
While giving details of the NMP on 23 August 2021, the Finance Minister Nirmala Sitharaman categorially stated that it will not include land assets of the government.
The National Monetisation Pipeline (NMP) plan will cover a wide array of sectors ranging from road and railway assets, and airports to power transmission lines and gas pipelines
The scheme will work like this, as stated by Finance Minister – “Under utilized government assets will handed over to private companies for revenue generation for a certain period of time.
And once it is done, “private participants will have to hand over the assets back to the government’’.
The money obtained through the monetization exercise will be channelised into infrastructure building, the Finance Minister added.
There are two parts of the NMP document as released by the NITI Aayog CEO Amitabh Kant.
The Volume One of NMP has 88 pages, while the Volume Two has 114 pages.
The Government has identified national and state highways, railways and power area as top three sectors for asset monetization.
“Fifteen railway stadiums, 25 airports and the stake of central government in existing airports and 160 coal mining projects will be up for monetisation,” Amitabh Kant said.
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