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Need to hasten the rollout of Rs 6 trn asset monetisation plan

Do we have plans in place where these assets have been identified and the route and pricing decided so that the NMP can be set in motion is the moot question

Madan Sabnavis, chief economist, CARE Ratings (Photo: PHOTO CREDIT: Kamlesh Pednekar)
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Madan Sabnavis (Photo: Kamlesh Pednekar)

Madan Sabnavis
After a hiatus in policy announcements, the government has come up with a rather cogent National Monetisation Pipeline where several assets coming under different ministries are to be sold to the private sector. Not really sold, but leased as the asset would go back to the government after a period of time. Hence, roads, power, telecom, oil and pipelines, railways etc. would see several such monetisation plans for a sum of Rs 6 trillion over 4 years with Rs 88,000 cr this year. 

In such a situation, there would be two main approaches. One where there is a PPP-like approach where