The centre could consider relaxing some conditions to make it more lucrative for the private sector to participate in the asset monetisation programmes of railways, warehouses, and oil and gas sectors. Some ministries suggested changes in asset monetisation contracts at a meeting called by cabinet secretary Rajiv Gauba on Friday to take stock of the … Read more
As we head towards the final quarter of a very difficult 2021, there are some silver linings. If I were to point out some of the events on the policy-making front, I would unflinchingly select three events – Air India privatization, efforts towards the listing of Life Insurance Corporation (LIC) and the national monetization policy. … 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
Finance Minister Nirmala Sitharaman today laid out a Rs 6-lakh-crore plan to monetize government’s existing asset base and use the proceeds to boost infrastructure. This pipeline will only include brownfield assets owned by the government, Sitharaman said, and will not include land assets of the government. Agencies “The contractual partnerships which the Govt will enter, … Read more