6lakh crore national monetisation plannced for infrastru annoucture assets

Current GK ( Master) Growth and development

Finance Minister Nirmala Sitharaman on Monday announced a Rs 6 lakh crore ($81 billion) National Monetisation Pipeline (NMP) that will look to unlock value in infrastructure assets across sectors ranging from power to road and railways
The government has identified 160 coal mining assets worth an estimated at ?28,747 crore for monetisation over four years till FY25. "The projects are expected to be implemented over the next 2-3 years," according to the NMP document prepared by Niti Aayog and released by Finance Minister Nirmala Sitharaman on Monday.
Union finance minister Nirmala Sitharaman on Monday launched the National Monetisation Pipeline (NMP), through which the government aims to raise $81 billion by leasing out state-owned infrastructure assets over the next four years. This will help fund new capital expenditure without pressuring government finances.
WHAT IS NMP :-
The NMP comprises a four-year pipeline of the central government's brownfield infrastructure assets.Besides providing visibility to investors, it will also serve as a medium-term roadmap for the asset monetisation initiative of the government. The government proposes to raise Rs 6 lakh crore through this measure