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Only under-utilised assets will be monetised, ownership will remain with government, says Nirmala Sitharaman


Assets Ownership Will Remain With Government, Says Nirmala Sitharaman

Assets ownership will remain with government and only under-utilised assets will be monetised, Finance Minister Nirmala Sitharaman said while unveiling the National Monetisation Pipeline (NMP). The NMP plan will cover a wide array of sectors ranging from road and railway assets, and airports to power transmission lines and gas pipelines. The government will not sell off any any assets, the finance minister said, adding “National Monetization Pipeline is talking about brownfield assets that need to be better monetized.”

The monetisation of brownfield assets will be done by bringing in private participation, the Finance Minister Nirmala Sitharaman said.The money obtained through the monetization exercise will be channelised into infrastructure building, the minister added.

 

 



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