Assets worth Rs 3.86 Tn monetised in 3 years to FY24

09 Aug 2024 CW Team

The government announced that assets worth Rs 3.86 lakh crore had been monetised in three years up to 2023-24, with a significant portion originating from the coal sector. Minister of State for Finance Pankaj Chaudhary stated in a written reply to the Lok Sabha, "During the period 2021-22 to 2023-24, transactions with an aggregate monetisation value of Rs 3.86 trillion in terms of accruals or private investment were completed."

He further provided sector-wise details of the funds raised during the three-year period. Asset monetisation exceeding Rs 1.54 trillion occurred in the coal sector, followed by roads (Rs 815.56 billion), power (Rs 335.12 billion), mines (Rs 326.51 billion), petroleum and natural gas (Rs 285.87 billion), and railways (Rs 204.17 billion).

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