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Infrastructure ministries list assets for monetisation
Sources told the media that alongside these core sector assets, the plan includes:
Divestment of the equity stake of Airports Authority of India (AAI) in the joint ventures that operate the Delhi, Mumbai, Bangalore and Hyderabad airports.
Awarding 150 passenger trains to private players.
Leasing out stadiums such as the Jawaharlal Nehru Stadium in the national capital.
The Niti Aayog is in the process of preparing a National Monetisation Pipeline for FY21-24 and has asked ministries to identify and share information on the assets to be included in the pipeline. A core group of secretaries for asset monetisation met last month to discuss the shortlist of assets identified for monetisation in 2021-22.
While the government has been planning asset sale for over two years now, Finance Minister Nirmala Sitharaman presented the broad contours of the asset monetisation pipeline in the budget for 2021-22.
Other than these, eight ministries and several others may be included to undertake the asset monetisation exercise. Some potential ministries that may be included are the Ministry of Coal, Ministry of Mines, Ministry of Tourism and the Ministry of Housing and Urban Affairs.
Asset Monetisation Plan | ||
Ministry | Target (Rs in crore) | Asset Details |
Telecom | Rs 40,000 | Telecom assets of BSNL, MTNL and Bharatnet |
Road Transport and Highways | Rs 30,000 | Road length of over 7,000 km |
Railways | Rs 90,000 | 50 stations, 150 private passenger trains |
Civil Aviation | Rs 20,000 | 13 airports of AAI AAI's stake in Delhi, Mumbai, Bangalore and Hyderabad airports |
Shipping, Ports and Waterways | Rs 4,000 | Over 30 berths |
Power | Rs 27,000 | Transmission assets of Power Grid |
Petroleum and Natural Gas | Rs 17,000 | Pipelines of GAIL, IOCL and HPCL |
Youth Affairs and Sports | Rs 20,000 | Sports stadia |
Also read: Understanding the asset monetisation push
Also read: Union Cabinet clears new divestment policy
The government is planning to monetise assets under various ministries to meet the target of raising around Rs 2.5 lakh crore through asset sales and has listed eight ministries for the programme so far, which include—road transport and highways, power, petroleum and natural gas, telecom, sports, shipping ports and waterways, civil aviation, and railways. Sources told the media that alongside these core sector assets, the plan includes: Divestment of the equity stake of Airports Authority of India (AAI) in the joint ventures that operate the Delhi, Mumbai, Bangalore and Hyderabad airports. Awarding 150 passenger trains to private players. Leasing out stadiums such as the Jawaharlal Nehru Stadium in the national capital. The Niti Aayog is in the process of preparing a National Monetisation Pipeline for FY21-24 and has asked ministries to identify and share information on the assets to be included in the pipeline. A core group of secretaries for asset monetisation met last month to discuss the shortlist of assets identified for monetisation in 2021-22. While the government has been planning asset sale for over two years now, Finance Minister Nirmala Sitharaman presented the broad contours of the asset monetisation pipeline in the budget for 2021-22. Other than these, eight ministries and several others may be included to undertake the asset monetisation exercise. Some potential ministries that may be included are the Ministry of Coal, Ministry of Mines, Ministry of Tourism and the Ministry of Housing and Urban Affairs.Asset Monetisation PlanMinistryTarget (Rs in crore)Asset DetailsTelecomRs 40,000 Telecom assets of BSNL, MTNL and BharatnetRoad Transport and HighwaysRs 30,000 Road length of over 7,000 kmRailwaysRs 90,000 50 stations, 150 private passenger trainsCivil AviationRs 20,000 13 airports of AAI AAI's stake in Delhi, Mumbai, Bangalore and Hyderabad airportsShipping, Ports and WaterwaysRs 4,000 Over 30 berthsPowerRs 27,000 Transmission assets of Power GridPetroleum and Natural GasRs 17,000 Pipelines of GAIL, IOCL and HPCLYouth Affairs and SportsRs 20,000 Sports stadia Image Source Also read: Understanding the asset monetisation push Also read: Union Cabinet clears new divestment policy