MoRTH Targets Rs.600 Bn Asset Monetization

19 Apr 2024 CW Team

The Ministry of Road Transport and Highways (MoRTH) is setting ambitious targets, aiming to monetize assets worth a record ?600 billion in the fiscal year 2024-25. This initiative underscores the government's commitment to leveraging infrastructure assets to unlock value and bolster economic growth.

MoRTH's plan for asset monetization aligns with broader efforts to mobilise funds for infrastructure development and modernization across the country. By monetizing assets such as highways, bridges, and toll plazas, the ministry aims to attract private investment and facilitate the implementation of critical infrastructure projects.

The record target for asset monetization reflects MoRTH's confidence in the attractiveness of India's infrastructure assets to investors, both domestic and international. The proceeds from asset monetization will be utilised to finance new infrastructure initiatives, enhance connectivity, and drive economic activity in various regions.

Moreover, asset monetization is expected to stimulate job creation and promote economic resilience by injecting capital into infrastructure projects. By leveraging private sector expertise and resources, MoRTH seeks to accelerate the pace of infrastructure development and improve the quality of transportation networks across the country.

Overall, MoRTH's ambitious target for asset monetization signals a significant step towards realising India's infrastructure aspirations and fostering sustainable economic growth. As the ministry works towards achieving this milestone, it aims to unlock the potential of infrastructure assets to create value, stimulate investment, and propel India's development journey forward.

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