+
Assets worth Rs 3.85 trillion monetised by the Govt in 3 years
ECONOMY & POLICY

Assets worth Rs 3.85 trillion monetised by the Govt in 3 years

In the first three years of the period between financial years 2021?22 and 2024?25, the government was able to monetarily exploit assets valued at Rs 3.85 trillion through the National Monetization Pipeline, as per a statement released by NITI Aayog. The National Monetization Pipeline, unveiled by Finance Minister Nirmala Sitharaman in August 2021, calls for the sale of brownfield assets under central government ministries and public sector entities valued at Rs 6 trillion over a four-year period, from 2021?2022 to 2024?2025. Under the National Monetization Pipeline (NMP), a target of around Rs. 2.5 trillion was set for the first two years, 2021?2022 and 2022?2023. Of that amount, approximately Rs. 2.30 trillion was realised. In the fiscal year 2023?24, approximately Rs. 1.56 trillion was achieved against the aim of Rs. 1.8 trillion?the largest amount of any of the four years. Additionally, the accomplishment in 2023?2024 represents almost 159% of the accomplishment in 2021?2022,? NITI Aayog stated in a statement. The task of creating the National Monetization Pipeline fell to the public policy think tank. According to the release, the top two scorers in 2023?24 with a combined achievement of Rs. 970 billion were the Ministries of Coal and Road Transport and Highways. The National Highways Authority of India has already identified 33 assets to be monetised during 2024?25.

Monetisation of assets in 2023?24 under the Ministry of Road Transport and Highways was at Rs. 403 billion, the Ministry of Coal at Rs. 567 billion, the Ministry of Power at Rs. 146 billion, the Ministry of Mines at Rs. 40 billion, the Ministry of Petroleum and Natural Gas at Rs. 95 billion, the Department of Urban Development at Rs. 64.80 billion, and the Ministry of Ports, Shipping, and Waterways at Rs. 76.2 billion.

In the first three years of the period between financial years 2021?22 and 2024?25, the government was able to monetarily exploit assets valued at Rs 3.85 trillion through the National Monetization Pipeline, as per a statement released by NITI Aayog. The National Monetization Pipeline, unveiled by Finance Minister Nirmala Sitharaman in August 2021, calls for the sale of brownfield assets under central government ministries and public sector entities valued at Rs 6 trillion over a four-year period, from 2021?2022 to 2024?2025. Under the National Monetization Pipeline (NMP), a target of around Rs. 2.5 trillion was set for the first two years, 2021?2022 and 2022?2023. Of that amount, approximately Rs. 2.30 trillion was realised. In the fiscal year 2023?24, approximately Rs. 1.56 trillion was achieved against the aim of Rs. 1.8 trillion?the largest amount of any of the four years. Additionally, the accomplishment in 2023?2024 represents almost 159% of the accomplishment in 2021?2022,? NITI Aayog stated in a statement. The task of creating the National Monetization Pipeline fell to the public policy think tank. According to the release, the top two scorers in 2023?24 with a combined achievement of Rs. 970 billion were the Ministries of Coal and Road Transport and Highways. The National Highways Authority of India has already identified 33 assets to be monetised during 2024?25. Monetisation of assets in 2023?24 under the Ministry of Road Transport and Highways was at Rs. 403 billion, the Ministry of Coal at Rs. 567 billion, the Ministry of Power at Rs. 146 billion, the Ministry of Mines at Rs. 40 billion, the Ministry of Petroleum and Natural Gas at Rs. 95 billion, the Department of Urban Development at Rs. 64.80 billion, and the Ministry of Ports, Shipping, and Waterways at Rs. 76.2 billion.

Next Story
Real Estate

No glass boxes!

India is moving away from the ‘glass box’ syndrome, all-glass façades that were widely used in commercial buildings in the last two decades but came at a significant environmental cost given the country’s predominantly hot and humid climate. Poor thermal performance, excessive heat gain and dependency on mechanical cooling systems made buildings with glass façades energy guzzlers and significantly increased their carbon footprint.That said, it’s important to be aware that “glass is not the enemy,” points out Heena Bhargava, Architect, Architecture Discipline. “How it ..

Next Story
Infrastructure Transport

Why do pavements fail?

India’s highways continue to expand at a healthy pace. But conversations on the surface quality of highways are growing louder because major deficiencies and black spots continue to be identified, and they are cause for concern.“Road surface roughness causes vehicle vibrations that, in turn, can affect the performance of drivers,” explains Dr V K Gahlot, Road Safety Auditor, Centre for Research and Sustainable Development (CfRSD). “Continuous exposure may induce fatigue, a contributory factor to road accidents. Road surface roughness also affects the vehicle operating cost...

Next Story
Infrastructure Urban

APAC Logistics Rents Fall for First Time Since 2020

Logistics rents across the Asia-Pacific region declined 0.4% year-on-year in H1 2025, marking the first annual drop since 2020, according to Knight Frank’s Logistics Highlights H1 2025 report. Despite global trade tensions and cautious occupier sentiment, India emerged as a standout performer, driven by robust manufacturing momentum and supply chain recalibration.Regional Trends and DivergenceWhile rents largely remained stable across most markets, regional differences became more pronounced:Mainland China continued to see rental declines, though the pace of decline moderated to 12.8% YoY, s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?