Budget 2024 | Ministry of Roadways & Highways spearheads National Monetization Policy – Fuelling infrastructure and delivery on budget promises
The Ministry of Road Transport & Highways (MoRTH) has emerged as a frontrunner in implementing the National Monetization Policy (NMP), successfully unlocking value from its assets to complement public resources and fuel India’s infrastructure growth. This initiative holds immense potential for boosting the country’s economy and enhancing its road transportation network.
Unlocking Value through Monetization
The NMP, launched in 2021, had aimed to raise Rs 6 lakh crore over four years by monetizing brownfield infrastructure assets across various sectors. MoRTH has been at the forefront of this endeavor, adopting innovative approaches to monetize its operational highway projects.
