Business Standard

Govt's monetisation plan completes transactions worth Rs 96,000 cr in FY22

Road, power, coal and mining assets helped in surpassing the first-year target, the official said

Govt plans monetisation of EPC projects just after completion

In August 2021, Finance Minister Nirmala Sitharaman announced the Rs 6 lakh crore-NMP over four years

Press Trust of India New Delhi
The government completed transactions worth Rs 96,000 crore under the National Monetisation Pipeline (NMP) in 2021-22, surpassing the ambitious programme's first-year target of Rs 88,000 crore, a top official said on Tuesday.

Road, power, coal and mining assets helped in surpassing the first-year target, the official said, adding that the long term investment impact of the transactions completed in the last fiscal is estimated at Rs 9 lakh crore.

In August 2021, Finance Minister Nirmala Sitharaman announced the Rs 6 lakh crore-NMP over four years to unlock value in infrastructure assets across sectors.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Apr 12 2022 | 9:33 PM IST

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