The Economic Survey for 2023-24 said that in the last financial year, transactions aggregating to Rs 1.51 lakh crore in accruals or private investments were completed, 1.55 times those achieved in 2021-22.
NMP estimates aggregate monetisation potential of Rs 6 lakh crores through core assets of the Central Government, over a four-year period, from FY2022 to FY2025.
The government's plan to include under construction projects in the InvIT may increase risk for investors. However, on the flip side, a higher quantum of such projects can be more rewarding for them as well, experts say.
Discussions with SEBI for launching the NHAI's first public InvIT are in advanced stages. The Ministry of Road Transport and Highways, NHAI and the National Highways Infra Trust are considering two routes and are discussing both with SEBI
Using the NMP, 156 infra gaps relating to first- and last-mile connectivity of major sectors of the economy have been identified by the relevant ministries in coordination with the DPIIT.
The NHIT, the infrastructure investment trust of the National Highways Authority of India, will take possession of the six road assets by March.
Asset monetisation is being done by government entities and the money goes to them, and they use it to invest it further, says the secretary to the department of economic affairs under the finance ministry
During late trading hours, shares of ITDC were trading 20 percent high at Rs 404.60 apiece on BSE and Rs 404.55 apiece on NSE.
In 2021-22, the government surpassed the programme's first-year target of Rs 88,000 crore by completing transactions worth Rs 1 lakh crore.
Goyal in an interview said that NHIT has hired on ground safety professionals to monitor the its road assets on a daily basis to ensure high safety standards.
Minister of State for Civil Aviation VK Singh said that the airports had been selected after looking at their annual traffic trends and all airports having annual traffic of above 0.4 million passengers have been selected for privatisation.
In an exclusive interaction with Moneycontrol NITI Aayog CEO Amitabh Kant reveals why the government did not include non-core assets in the asset monetization pipeline, and why he is hopeful of private sector participation across sectors.
On August 23, the central government announced that it wants to raise Rs 6 lakh crore (approximately $81 billion) by monetising government-owned assets such as land, roads, stadiums, etc between FY22 and FY25 under the National Monetisation Pipeline (NMP) scheme. In this video, we decode how asset monetisation works and the assets that NMP will target to raise funds.
While the process of allowing private companies to operate trains and redevelop railway stations has started, the Indian Railways may make quicker progress in monetising freight terminals and development of railway colonies
Given the low-interest rate scenario and markets touching new highs, the retail investor is looking for assets offering better yields and capital security
Divestment of Airports Authority of India's (AAI) residual stake in four airport JVs has also been considered under the national monetisation pipeline (NMP) unveiled on August 23.
Concerned over increasing imports of electronic goods, Commerce and Industry Minister Anand Sharma has made a case for boosting hardware manufacturing to reduce dependence on imported items.
CRISIL Research has come out with its report on private sector. According to the research firm, an improvement in private sector sentiment and pick-up in private sector investment can lift private sector GDP and, hence, the overall GDP growth.
CRISIL Research has come out with its report on 'Raising Manufacturing Employment'. As per the research firm, policy measures would have to focus on providing quality infrastructure and reforming labour laws to arrest the pace of decline in employment intensity.
At this rate, the Survey the annual growth rate will be less than the annual growth rates achieved in the recent past and far below the potential growth rate.
CARE Ratings has come out with its report on National Manufacturing Policy