+
MoRTH Targets Rs.600 Bn Asset Monetization
ROADS & HIGHWAYS

MoRTH Targets Rs.600 Bn Asset Monetization

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.

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.

Related Stories

Gold Stories

Next Story
Products

Interio by Godrej launches modular workplace solutions

Interio by Godrej has launched Workscapes, a modular workplace solutions category designed to help organisations configure and adapt workspaces to changing requirements. The portfolio combines mobile and compatible furniture and support elements that can be rearranged across different work modes without changes to fixed layouts.Workscapes includes Collaboration Tables, Privacy Solutions, Mobile Markerboards and Space Dividers, Power Solutions, Storage and Support Elements, Meeting and Presentation Tools, and Seating Elements. The range is designed for focused work, collaboration, informal disc..

Next Story
Infrastructure Urban

CAFE-III Gives Auto Industry Investment Clarity

The government’s new Corporate Average Fuel Economy (CAFE-III) norms have provided the automobile industry with a clearer framework for technology investments, according to industry representatives. The framework seeks to balance environmental objectives with flexibility for manufacturers while encouraging the adoption of flex-fuel vehicles and biofuels. Society of Indian Automobile Manufacturers (SIAM) President Shenu Agarwal said the five-year framework would give automakers greater predictability to plan investments and accelerate innovation. He said the regulation established annual targ..

Next Story
Infrastructure Energy

Mines Ministry to Auction Two Offshore Mineral Blocks in Andaman Sea

The Ministry of Mines will launch an auction of two offshore mineral blocks in the Andaman Sea on Thursday, seeking to unlock India’s offshore mineral potential and strengthen long-term mineral resource security. The blocks will be offered under a composite licence, which permits exploration and development activities in accordance with the applicable regulatory framework. The ministry said the auction was intended to encourage systematic exploration, attract investment and promote the use of advanced technologies for offshore mineral exploration and development. The initiative is also aimed..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code