BS EDIT: On the Right Track

By Business StandardPublished On Feb 26, 2026

A Bigger Ambition

NMP 2.0 targets ₹16.72 trillion in investments, including ₹6 trillion from private capital, building on the strong performance of its first phase

A Fiscal Necessity

With fiscal pressures rising, monetisation offers a pragmatic alternative to higher borrowing while protecting growth momentum

Capex Momentum Slows

Public capex has powered growth, but its expansion is easing. Monetisation can help sustain investment without straining the Budget

Unlocking Productivity

Blending public and private capital exposes assets to market discipline, raising efficiency and long-term output

Raising Asset Yields

Technology upgrades and better management can lift returns, with positive spillovers across the economy

The Reform Test

Investor trust gaps persist. Beyond recycling, broader privatisation may be needed for deeper efficiency gains