National Highway Authority of India (NHAI) aims to monetise 1,987 kilometres (km) of highways in 2023-24 through ‘toll operate transfer’ and infrastructure investment trust (InvITs) modes, people familiar with the development said. The highways body has lined up 30 National Highway sections as part of the plan, with the 124-km Trichy-Thuvarankurichi-Madurai (Tamil Nadu) section being … Read more
The government garnered ₹96,000 crore under the National Monetisation Pipeline in FY22, surpassing the target of ₹88,000 crore. The programme witnessed participation of some marquee investors including the Canadian Pension Plan Investment Board and Ontario Teachers’ Pension Plan. “During FY22, transactions aggregating to about ₹96,000 crore of accrual or investments by central and state government … Read more
Undeterred by the repeal of farm laws, the government will continue to push for greater reforms across sectors, NITI Aayog CEO Amitabh Kant said. “India is determined to carry out reforms. We need more and more reforms and the government will push for greater levels of reforms across sectors and make things easy and simple,” … Read more
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
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