INSUBCONTINENT EXCLUSIVE:
Government has actually identified assets of major state-owned business for monetisationGovernment has actually recognized core properties
of significant public sector undertakings (PSUs) like National Highway Authority of India (NHAI), Airports Authority of India (AAI),
National Thermal Power Corporation (NTPC), Indian Oil Corporation (IOC), GAIL, Hindustan Petroleum Corporation Limited (HPCL) and lots of
others for monetisation under its National Monetisation Pipeline (NMP) between 2022-2025
A few of the other PSUs whose properties it has identified for monetisation, consist of Mahanagar Telephone Nigam Limited (MTNL), Bharat
Sanchar Nigam Limited (BSNL), NHPC, Food Corporation of India (FCI) and Neyveli Lignite Corporation.According to fund ministry sources,
under NMP, the core infrastructure properties of these chosen PSUs have been identified as through the program, the government prepares to
boost its finances, which have actually been terribly hit owing generally due to the Coronovirus pandemic in the almost 2 fiscals.While
government has exhausted the path of divesting its stake in significant PSUs, the NMP has actually been created to provide properties coming
from blue chip state-owned entities on rent to personal entities, through which it intends to raise funds till 2025
What it calls as unlocking worth , will result in revenue generation for the government, for which it has actually currently started
identifying possessions from these PSUs
Financing minister Nirmala Sitharaman in August this year, had announced the NMP, which expects to raise Rs 6-lakh crore by monetising the
operating possessions of the Main government over a four-year duration ending 2025
The NMP is devised to open the value of investments in brownfield public sector properties by tapping institutional and long-term capital
So, government-owned roadways, trains, power plants, gas pipelines, airports, ports, storage facilities etc, will be rented out for a
specific duration to non-government entities.
