NATIONAL MONETISATION PIPELINE
Centre monetizes assets worth Rs 3.85 lakh crore; Coal and Roads ministry top contributors The government has monetized Rs 3.85 lakh crore through core assets of various ministries and Public Sector Enterprises (PSEs) since FY22 under the National Monetisation Pipeline (NMP). In FY23-24, against a target of Rs 1.8 lakh crore, the governme...
20 Jun, 2024, 11.32 AM ISTAssets worth Rs 1.56 lakh crore monetised in 2023-24 as against the target of Rs 1.8 lakh crore under NMP: NITI Aayog According to NITI Aayog, the government has monetized assets worth Rs 3.85 lakh crore in the first three years under the National Monetisation Pipeline (NMP) while the four-year target under the plan, ending in 2024-25 is Rs 6 lakh crore.
19 Jun, 2024, 08.43 PM ISTNHAI to monetise assets with Rs 15000 to Rs 20000 crore in 2024-25 through InvIT The National Highways Infra Trust (NHIT), its infrastructure investment trust formed in October 2020, has so far garnered Rs 26,125 crore in three rounds of monetisation with the per unit net asset value at Rs 124.75 as against the launched value of...
11 Jun, 2024, 09.49 PM IST- ADVERTISEMENT
NHAI's road assets monetisation can fetch up to Rs 60,000 cr for govt this fiscal ICRA predicts NHAI's road asset monetization plan could yield up to Rs 60,000 crore in FY2025, part of the National Monetisation Pipeline. NHAI plans to sell 33 assets through toll-operate-transfer (TOT) and InvIT modes, totaling 2,750 km with Rs 4,...
23 May, 2024, 04.11 PM ISTRevamping of BOT model is tactical move to attract private capex: Ind-Ra India's government is revamping the built-operate-transfer (BOT) model to attract private capital, which is expected to surpass Rs 1 trillion by 2030. The government has successfully implemented 400 Hybrid Annuity Model road projects worth over Rs 4...
21 May, 2024, 03.46 PM ISTNHAI monetises 889 km of national highways to raise Rs 16,000 crore The National Highways Infra Trust, which is an infrastructure investment trust (InvIT) sponsored by the NHAI, has raised unit capital of around Rs 7,272 crore from marquee domestic and international investors and debt of around Rs 9,000 crore from I...
19 Mar, 2024, 08.51 PM ISTView: GoI's focus on capex to address infrastructure and energy deficits pays off The GoI's focus on increasing capital expenditure (capex) to address infrastructure and energy deficits has been significant. Public capex as a percentage of GDP has risen from 1.65% in 2019-20 to 3.2% in 2023-24, with its share in public expenditur...
10 Mar, 2024, 11.07 PM ISTAAI saving nearly Rs 515 crore annually from leasing out of six airports under PPP Six airports -- Mangaluru, Lucknow, Ahmedabad, Thiruvananthapuram, Jaipur and Guwahati -- were leased out under the Public Private Partnership (PPP) in 2018. Meanwhile, 25 airports are proposed to be leased out during the period from 2022 to 2025 un...
04 Dec, 2023, 06.51 PM ISTTransactions worth Rs 1.3 lk cr completed under Natl Monetisation Pipeline in FY23 Transactions with aggregate monetisation value of about Rs 97,000 crore and Rs 1.3 lakh crore were completed during 2021-22 and 2022-23 respectively in terms of accruals or private investment under the National Monetisation Pipeline. Monetisation of...
09 Aug, 2023, 03.11 PM ISTRailways to go for PPP, EPC mix for stations' overhaul This time, 15 stations are on the agenda for modernisation through PPP. These include railway stations of Tambram, Anand Vihar, Dadar, Kalyan, Andheri and Pune. The Bangalore City, Vadodara, Bhopal, Chennai Central, Delhi, Hazrat Nizamuddin, and Ava...
17 Jun, 2023, 12.51 AM ISTFinance Minister Nirmala Sitharaman asks investors to participate in India's growth story The Indian finance minister Nirmala Sitharaman went to South Korea to participate in the 56th ADB Annual Meeting, elaborated on the vision and reforms-oriented approach towards good governance under the leadership of Prime Minister Narendra Modi to ...
04 May, 2023, 05.54 PM ISTFor FY24, National Highway Authority eyes 1,987km monetisation The highways body has lined up 30 National Highway sections as part of the plan, with the 124-km Trichy-Thuvarankurichi-Madurai (Tamil Nadu) section being the longest and the 4.4-km Badarpur elevated corridor in Delhi being the shortest in the list.
22 Mar, 2023, 12.59 AM ISTAssets worth Rs 26,000 crore monetised in FY23: NITI Aayog This takes the total monetisation value realized in FY22 and FY23 to ₹1.14 lakh crore which is 19% of the target of ₹6 lakh crore set under the National Monetisation Pipeline over a four year period (FY22-25) with ₹88,000 crore achieved in FY22.
23 Feb, 2023, 11.24 PM ISTET Policy Change Agent: TV Somanathan- Nothing’s off Budget, and nothing’s off limits to move the economy TV Somanathan, a PhD in economics, took over as expenditure secretary in the finance ministry in December 2019, months before Covid-19 struck India. He became finance secretary in April 2021.
22 Feb, 2023, 07.25 AM ISTHighway building budget for FY24 to top ₹2.1 lakh crore Officials told ET that the ministry of roads, transport, and highways will get around 10-15% more than the amount allotted during FY23, for the next budget. The FY23 budget had earmarked ₹1.99 lakh crore as Gross Budgetary Support (GBS) for the tran...
31 Dec, 2022, 12.38 AM ISTRailway ministry drops proposal for monetisation of stations on PPP mode The source also told PTI that the ministry of railways has been asked to expedite monetisation of other assets, including trains, goodsheds, hill rail, stadiums, railway colonies and railway land parcels among others.
13 Dec, 2022, 05.38 PM ISTGovt fixes Rs 7,409 crore indicative value for 'The Ashok' hotel under National monetisation programme The sources said investor consultation has already been undertaken and a cabinet note for the sale of the sprawling 25-acre property in the heart of the national capital is under consideration. "The Ashok hotel's monetisation will take place through...
24 Nov, 2022, 05.28 PM ISTIndia government likely to miss asset monetisation target for this fiscal year, say sources Sources told PTI that according to the government's latest estimate, there may be a shortfall of Rs 38,243 crore in realising the overall asset monetisation target of Rs 1,62,422 crore in 2022-23. Finance Minister Nirmala Sitharaman in a meeting wit...
21 Nov, 2022, 08.27 PM ISTFM Nirmala Sitharaman nudges ministries to meet targets for asset monetisation While some ministries may miss their monetisation goals, the government will "more or less" meet this year's target, a government official said.
14 Nov, 2022, 11.47 PM ISTInfra assets worth over Rs 1.62 lakh crore to be monetised this fiscal: Finance ministry In a written reply to the Lok Sabha, Minister of State for Finance Pankaj Chaudhary said about Rs 97,000 crore worth of public assets were monetised in the last fiscal (2021-22).
08 Aug, 2022, 05.29 PM IST