Tuesday, September 21, 2021
HomeBusinessAssets Ownership Will Remain With Government, Says Nirmala Sitharaman

Assets Ownership Will Remain With Government, Says Nirmala Sitharaman


Property possession will stay with authorities and solely under-utilised belongings can be monetised, Finance Minister Nirmala Sitharaman mentioned whereas unveiling the Nationwide Monetisation Pipeline (NMP). The NMP plan will cowl a big selection of sectors starting from street and railway belongings, and airports to energy transmission strains and fuel pipelines. The federal government is not going to dump any any belongings, the finance minister mentioned, including “Nationwide Monetization Pipeline is speaking about brownfield belongings that have to be higher monetized.”

The monetisation of brownfield belongings can be carried out by bringing in non-public participation, the Finance Minister Nirmala Sitharaman mentioned.The cash obtained via the monetization train can be channelised into infrastructure constructing, the minister added.

 

 

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