INSUBCONTINENT EXCLUSIVE:
The private participants will have to hand over the assets to the government after a period of time
The government will only monetise under-utilised assets and the ownership will remain with the centre, the finance
minister Nirmala Sitharaman said while unveiling the Rs 6 lakh crore National Monetisation Pipeline
"National Monetisation Pipeline talks about brownfield assets where investment is already being made, where there are assets either
languishing or not fully monetised or under-utilised, Nirmala Sitharaman emphasised
The brownfield assets will be monetisatised by bringing in private participation
and unlock resources for economy," the finance minister pointed out.Infra assets worth Rs 6 lakh crore will be monetised across the rail,
road and power sectors over 4 years and "projects have been identified to monetise the assets" NITI Aayog CEO Amitabh Kant highlighted.The
government will monetise assets worth Rs 1.6 lakh crore from the roads sector, Rs 1.5 lakh crore from the railway sector and Rs 79,000 crore
from the power sector, Mr Kant said
The centre will also monetise Rs 20,800 crore from airports, Rs 13,000 crore from ports, Rs 35,000 crore from telecom, Rs 11,500 crore from
Niti Aayog Vice Chairman Rajiv Kumar said.Infrastructure has huge multiplier effects and the monetisation pipeline is the next step in
power, pipeline - natural gas, civil aviation, shipping ports - waterways, telecommunications, food - public distribution, mining, coal,
innovative ways to raise finances.Asset monetisation is the process of creating new sources of revenues by unlocking the value of unutilised
