economic policy & Labour

Asset Monetisation: Public Assets for Corporate Profits

THE government of India proposes to recycle publicly owned brownfield capital assets mostly underutilised or with low returns into revenue generating assets controlled by private corporates with a view to fund National Infrastructure Plan (NIP) involving Rs 111 lakh crores stretched over a period of five years. In this connection National Asset Monetisation Pipeline (NAMP) has been announced which sets a target of mobilising roughly Rs 6 lakh crores which however amounts to 14 per cent of Rs 43 lakh crores suggested to be the proposed outlay of central government in the NIP.

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