Govt to raise $81 bn from infras asset sale in next four years
AVIATION & AIRPORTS

Govt to raise $81 bn from infras asset sale in next four years

The Centre is planning to raise $ 81 billion through the sale of state-owned infrastructure assets over the next four years to help strengthen the government's finances and plug its budget deficit.

The plan will involve the sale of road and railway assets, airports, gas pipelines, and power transmission lines.

Finance Minister Nirmala Sitharaman is scheduled to release the roadmap to the public later Monday.

The proposed sales are in line with the strategic divestment policy of Prime Minister Narendra Modi, under which the state will retain a presence in only a few identified sectors with the rest privatised. As much as Rs 1.75 trillion has been budgeted by the government from such sales in the financial year through March 2022 to make up for the pandemic-linked reduction in tax revenue.

While broader divestment proposals this financial year include an initial public offering (IPO) by Life Insurance Corporation (LIC) of India as well as sales of stake in companies such as Air India Limited and Bharat Petroleum Corporation Limited (BPCL), and many more.

Revenue from monetising roads is pegged at Rs 1.6 trillion, while that from railways, is observed at Rs 1.5 trillion. Assets of the power sector may fetch Rs one trillion, telecommunication assets Rs 400 billion, and gas pipelines Rs 590 billion, as per the sources.

Public warehouses, port infrastructure and civil aviation, sports stadiums, and mining assets are expected to fetch another Rs 1 trillion.

The monetisation plan, announced by Ms Sitharaman, will serve as a medium-term road map for the asset sale initiative of the government, National Institution for Transforming India (NITI) Aayog told the media.

The asset sales income is key to narrowing the nation's budget deficit, which Sitharaman anticipates to be 6.8% of the gross domestic product (GDP) in the financial year that began April 1, against 9.3% in the previous year.

Image Source


Also read: Nirmala Sitharaman launches National Monetisation Pipeline

Also read: Government prepares one stop portal for asset monetisation

The Centre is planning to raise $ 81 billion through the sale of state-owned infrastructure assets over the next four years to help strengthen the government's finances and plug its budget deficit. The plan will involve the sale of road and railway assets, airports, gas pipelines, and power transmission lines. Finance Minister Nirmala Sitharaman is scheduled to release the roadmap to the public later Monday. The proposed sales are in line with the strategic divestment policy of Prime Minister Narendra Modi, under which the state will retain a presence in only a few identified sectors with the rest privatised. As much as Rs 1.75 trillion has been budgeted by the government from such sales in the financial year through March 2022 to make up for the pandemic-linked reduction in tax revenue. While broader divestment proposals this financial year include an initial public offering (IPO) by Life Insurance Corporation (LIC) of India as well as sales of stake in companies such as Air India Limited and Bharat Petroleum Corporation Limited (BPCL), and many more. Revenue from monetising roads is pegged at Rs 1.6 trillion, while that from railways, is observed at Rs 1.5 trillion. Assets of the power sector may fetch Rs one trillion, telecommunication assets Rs 400 billion, and gas pipelines Rs 590 billion, as per the sources. Public warehouses, port infrastructure and civil aviation, sports stadiums, and mining assets are expected to fetch another Rs 1 trillion. The monetisation plan, announced by Ms Sitharaman, will serve as a medium-term road map for the asset sale initiative of the government, National Institution for Transforming India (NITI) Aayog told the media. The asset sales income is key to narrowing the nation's budget deficit, which Sitharaman anticipates to be 6.8% of the gross domestic product (GDP) in the financial year that began April 1, against 9.3% in the previous year. Image Source Also read: Nirmala Sitharaman launches National Monetisation Pipeline Also read: Government prepares one stop portal for asset monetisation

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Expands to Global Markets

Vedanta Aluminium has expanded its digital e-commerce platform, Vedanta Metal Bazaar, to international markets, enabling overseas customers to order and purchase aluminium products online.The platform will now be available to buyers across Asia, Europe, Africa and the Americas, providing a digital gateway for export transactions with 24x7 access.In FY26, Vedanta Metal Bazaar processed transactions worth nearly $4.1 billion, or over Rs 380 billion, and fulfilled more than 23,000 orders. The platform is also used regularly by more than 550 MSMEs in India alongside large OEM customers.The export ..

Next Story
Infrastructure Urban

Ramky Infrastructure Q1 FY27 Revenue Rises 24.3%

Ramky Infrastructure Limited reported a 24.3% year-on-year increase in consolidated revenue from operations to Rs 471.2 crore for Q1 FY27, compared with Rs 3.79 billion in the corresponding quarter of FY26.Standalone revenue from operations rose 27.5% YoY to Rs 4.51 billion from Rs 3.54 billion, while total standalone income increased 35% to Rs 5.32 billion.Consolidated profit before tax stood at Rs 540.9 million during the quarter. The company highlighted a sharp sequential improvement compared with a pre-exceptional loss of Rs 190.1 million in Q4 FY26.Two of the three projects awarded during..

Next Story
Technology

LTTS Launches AgenticIQ AI Platform for Engineering

L&T Technology Services (LTTS) has launched AgenticIQ, an end-to-end agentic AI platform designed for engineering and manufacturing organisations.The platform is aimed at helping enterprises move beyond isolated AI pilots by enabling autonomous, multi-agent workflows across engineering, product development, manufacturing, industrial operations and customer experience.AgenticIQ is built on LTTS’ Engineering Intelligence portfolio and converts existing engineering capabilities into specialised, reusable AI agents. Its planning-first architecture is embedded into engineering and production ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement