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FM announces plan to monetise assets, realise Rs 6 trillion till 2024-25

The plan covers 20 asset classes spread over 12 line ministries and departments

Finance Ministry
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Finance Minister Nirmala Sitharaman addressing at the launch of the National Monetisation Pipeline (NMP), in New Delhi. The Vice-Chairman NITI Aayog, Dr Rajiv Kumar and the CEO, NITI Aayog, Shri Amitabh Kant are also seen.

Nikunj OhriIndivjal Dhasmana New Delhi
Finance Minister Nirmala Sitharaman on Monday announced a pipeline of assets the government is looking to monetise to collect about Rs 6 trillion to partly fund its ambitious infrastructure projects over four years ending 2024-25. About Rs 88,000 crore will be realised through asset monetisation in the current financial year.

Sitharaman, however, clarified that the ownership of all these assets would remain with the government, and there would be a mandatory hand-back of assets after a certain time period. “So, the government is not selling away these assets,” she said.

The National Monetisation Pipeline (NMP) will constitute 14 per cent of the

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First Published: Aug 23 2021 | 6:49 PM IST

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