Indian Railways unlikely to meet Rs 1.52 lakh crore asset monetisation target

The Indian Railways (IR) is unlikely to meet ambitious asset monetisation targets given to it for the four-year period ending 2024-25, several experts and industry insiders told DH.

Over two years after the launch of the National Monetisation Pipeline (NMP), which proposed a monetisation target of Rs 1.52 lakh crore for the railways till FY25, it has been able to achieve only a lower single-digit percentage of this goal, some sources said and the current realisation remains short of aspiration at Rs 20,000 crore per year. Figuratively, it managed asset monetisation of around Rs 30,000 crore against the target of Rs 57,222 crore in FY23.