Govt says exceeded FY22 asset monetisation target; Rs 96,000 crore realised

Targets for depts that lagged to be rolled over

The Centre has completed asset monetisation worth Rs 96,000 crore during FY22, surpassing the target of Rs 88,000 crore.

For FY23, it has set itself a goal of Rs 1.62 trillion, and already has a pipeline of assets worth Rs 1.6 trillion under advanced stages of implementation, an official said.

Union Finance Minister Nirmala Sitharaman on Tuesday reviewed the progress made by several ministries and nudged departments to achieve the targets set for them, the official added.

The pipeline for assets to be monetised this year is being prepared by the NITI Aayog, in consultation with ministries.

Last fiscal year, it was led by