MoRTH ams for Rs 60,000 crore asset monetisation in FY25

The Ministry of Road Transport and Highways (MoRTH) in India is eyeing an ambitious target of monetizing assets worth Rs 60,000 crore in the fiscal year 2024-25. This move is part of the government's broader strategy to boost infrastructure development and generate revenue through asset monetization. Under this plan, the ministry aims to leverage various avenues such as toll-operate-transfer (TOT) models, infrastructure investment trusts (InvITs), and toll collections to unlock the value of its assets. Asset monetization has emerged as a key strategy for the Indian government to bridge the infrastructure funding gap and accelerate economic growth. By monetizing existing assets such as highways, bridges, and toll roads, the government can raise funds for new projects and infrastructure development without solely relying on budgetary allocations or borrowing. The ambitious target set by MoRTH reflects its confidence in the potential of asset monetization to drive infrastructure growth and attract private investment. Through innovative financing models and partnerships with the private sector, the ministry aims to optimize the utilization of its assets and improve the overall efficiency of the transportation network. Moreover, asset monetization is expected to enhance the quality of infrastructure services by introducing private sector expertise and innovation. By involving private players in the management and operation of assets, the government hopes to achieve greater cost-effectiveness and better service delivery in the transportation sector. Overall, the MoRTH's target of monetizing assets worth ?60,000 crore in FY25 underscores its commitment to accelerating infrastructure development and leveraging alternative sources of funding. This initiative not only unlocks the value of existing assets but also paves the way for sustainable infrastructure growth in India.