Sitharaman Launches National Monetisation Pipeline 2.0
- Finance Minister Nirmala Sitharaman launches National Monetisation Pipeline 2.0
- Funds allocated to central and state coffers, PSUs, and private investments, covering highways, hydro power, and ropeways
- Focus on core asset monetisation and PPP projects worth ₹3.77 lakh crore to boost infrastructure and investment
Finance Minister Nirmala Sitharaman has launched the National Monetisation Pipeline (NMP) 2.0, which will become one of the largest state-operated infrastructure asset recycling programs in the world.
Finance Minister Nirmala Sitharaman NMP 2.0 launched the National Monetisation Pipeline 2.0, a landmark public asset recycling programme aimed at boosting infrastructure funding India through asset recycling India and government asset monetisation scheme initiatives.
The plan is set to accelerate capital expenditure India, strengthen India infra investment, and drive transformative economic reforms India under a modern infrastructure policy India framework.
The program aims to generate monetisation revenues which will exceed ₹16.7 lakh crore during the upcoming five-year period that extends until 2029-30, and the amount represents 2.6 times the revenue generated through NMP 1.0.
The government intends to use this ambitious plan as a way to create economic value from public assets while attracting private funding to develop India's infrastructure system.
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The NMP 2.0 revenues will be divided into four categories, which include the Consolidated Fund of India, PSUs, port authority allocations, State Consolidated Funds and direct private sector investments.
The government, state authorities and public sector units will all gain from monetisation through this allocation system, which creates business opportunities for private companies.
The programme identifies key assets, which include major highways and expressways that run through Delhi-Amritsar-Katra Expressway, Gurgaon-Kotputli-Jaipur Bypass and Amritsar-Jamnagar Highway.
The project involves energy infrastructure, which includes NHPC, SJVN hydro power stations and tourism-related developments which include Hemkund-Sahib Ji, Sonprayag-Kedarnath and Kathgodam-Hanumangarhi Temple ropeways.
NMP 2.0 uses NMP 1.0 as its base framework to guide its operations because it seeks to monetize essential assets through its Public-Private Partnership projects, which have a total value of ₹3.77 lakh crore.
The initiative plans to improve infrastructure performance through asset recycling and then generate more investment, which will lead to economic growth while establishing India as a worldwide authority on infrastructure monetisation and development.
