Accelerate asset monetisation in railways, roads: Sebi chief Tuhin Kanta Pandey

Accelerate asset monetisation in railways, roads: Sebi chief Tuhin Kanta Pandey

Capital markets regulator Sebi’s chief Tuhin Kanta Pandey on Thursday said there is a need to “accelerate” monetisation of government-held assets in sectors such as railways, roads, airports and energy to help funnel investor money into such projects. The career bureaucrat, who headed the Department of Investment and Public Asset Management before being appointed as … Read more

Revival in investment cycle makes a case for more allocation to infra MFs

Revival in investment cycle makes a case for more allocation to infra MFs

Explaining India’s economic structure requires a degree of specialisation qualifying for a Nobel in that discipline. But in the simplest of explainer articles for the man on the street, economists have often argued that consumption – and private capital investments – follow neatly sequenced cycles in this country. That explains why global commentators like Jeffries … Read more

Asset monetisation will have multiplier impact on economy: Amitabh Kant, NITI Aayog

Asset monetisation will have multiplier impact on economy: Amitabh Kant, NITI Aayog

The monetisation of assets, as laid out in the National Monetisation Pipeline, will have a multiplier impact on the economy and will give a push to growth and employment, NITI Aayog CEO Amitabh Kant tells ET’s Yogima Seth Sharma in an interview. Edited excerpts: NMP has set a target of Rs 88,000 crore for this … Read more

Govt looks to monetise warehousing assets worth Rs 28,900 crore under NMP

Govt looks to monetise warehousing assets worth Rs 28,900 crore under NMP

The Centre plans to monetise warehousing assets owned by state-owned firms FCI and CWC over the next four years for an estimated Rs 28,900 crore under the National Monetisation Pipeline (NMP). “The potential asset base considered for monetisation under warehousing assets consists of storage depots, warehouses under the central sector agencies, Food Corporation of India … Read more