Roads to railways, Rs 6 lakh crore assets to be monetised, ownership will remain with Govt

THE GOVERNMENT Monday unveiled a four-year National Monetisation Pipeline (NMP) worth Rs 6 lakh crore to unlock value in brownfield projects by engaging the private sector, transferring to them the rights but not the ownership in projects; and using the funds for infrastructure creation across the country.

Roads, railways and power sector assets will comprise over 66 per cent of the total estimated value of the assets to be monetised, with the balance coming from sectors including telecom, mining, aviation, ports, natural gas and petroleum product pipelines, warehouses and stadiums.

Finance Minister Nirmala Sitharaman said monetisation will create further value for infrastructure creation in the country and explore innovative ways of private participation without transfer of government ownership.