The government has monetized Rs 3.85 lakh crore through the core assets of different ministries and the assets of Public Sector Enterprises (PSEs).
In the budget for 2021-22, the government announced the monetization of potential core assets of the central government and assets of PSEs. The National Monetisation Pipeline (NMP), prepared by Niti Aayog in consultation with concerned ministries, has planned to monetise assets over a period of four years, starting in FY22.
The NMP included assets with a monetization potential of Rs 6 lakh crore during the four-year period. The total target for the first two years i.e., 2021-22 and 2022-23, under NMP was around Rs. 2.5 lakh crore, against which around Rs. 2.30 lakh crore was achieved.
During the financial year 2023-24, against the target of Rs. 1.8 lakh crore, the achievement has been around Rs. 1.56 lakh crore. The achievement in 2023-24 is around 159 per cent of achievement in 2021-22.
The Ministries of Road Transport and Highways and the Ministry of Coal were the top two achievers in terms of the performance of individual ministries in the fiscal year 2023-24. The two ministries monetized assets for a total of Rs. 97,000 crore.
To enable investors to plan their investments efficiently and accelerate the monetization process, NHAI has already identified and published an indicative list of 33 assets to be monetized during 2024-25. Further, to increase the success rate of the bidding process, NHAI has posted on its website the macroeconomic assumptions considered for the calculation of the IECV.
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