Road ministry drives Centre’s asset monetisation with Rs 10,273 cr mop-up

The Ministry of Roads, Transport and Highways has managed to mop up over Rs 10,273 crore as part of the Centre’s National Asset Monetisation Pipeline. The monetisation by various ministries so far has been Rs 26,806 crore with another Rs 15,000-16,000 crore to be realised soon by the roads ministry, said an official.

The Centre had set a target of Rs 88,000 crore for the current financial year, out of its Rs six trillion pipeline for the four-year period.

The asset monetisation target for the roads ministry is Rs 30,000 crore, and the ministry had already monetised assets worth Rs 17,000 crore when the NMP was launched by Finance Minister Nirmala Sitharaman.