Connect with us

Hi, what are you looking for?

Political Mirror


India reviews progress of National Monetisation Pipeline

NEW DELHI: India’s Finance Minister Nirmala Sitharaman on Monday reviewed the progress of the National Monetisation Pipeline (NMP) in a meeting here with top officials from various ministries and NITI Aayog.

The finance minister in August last year had announced a Rs 6 lakh crore NMP aimed to unlock value in infrastructure assets across sectors ranging from power to road and railways.

“Union Finance Minister Smt. @nsitharaman chairs the meeting to review the progress of National Monetisation Pipeline #NMP, in New Delhi, today,” the finance ministry said in a tweet.

The aggregate asset pipeline under NMP over the four-year period is indicatively valued at Rs 6 lakh crore. The estimated value corresponds to 14 per cent of the proposed outlay for the Centre under the National Infrastructure Pipeline (Rs 43 lakh crore).

The meeting was attended by Finance Secretary; CEO @NITIAayog; Secys of DEA; DoR;@DPE_GoI; @tourismgoi; @PetroleumMin; @DoT_India; @MinOfPower; @fooddeptgoi; @MoCA_GoI; @shipmin_india; @MORTHIndia; @YASMinistry; @CoalMinistry; @MinesMinIndia & Member Infra, Railway Board,” another tweet said.

Last year, the government completed transactions worth Rs 96,000 crore under the NMP in 2021-22, surpassing the year’s target of Rs 88,000 crore.

Source: Press Trust of Indai

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like


NEW DELHI: Soon after the Women’s Reservation Bill was tabled by India’s Law Minister Arjun Meghwal in the Lok Sabha, Industrialist and Philanthropist Abhishek...


NEW DELHI: The Bharatiya Janata Party which is eyeing a comeback in Chhattisgarh in the coming assembly elections on Thursday released its first list...


NEW DELHI: Prime Minister Narendra Modi on Monday said the era of ”corruption and scams” prevailed before 2014 when the rights of the poor...


CHANDIGARH: Shiromani Akali Dal (SAD) president Sukhbir Singh Badal on Saturday announced that his party will contest the Haryana Sikh Gurdwara Prabandhak Committee (HSGMC)...


RAIPUR: Senior BJP leader and the tribal face of the party, Vishnu Deo Sai, on Wednesday took oath as the Chief Minister of Chhattisgarh,...