The Union Finance Minister Nirmala Sitharaman on Monday unveiled the National Monetisation Pipeline (NMP) worth Rs 6 lakh crore. The NMP will hold four-year pipeline of the Centre’s brownfield infrastructure assets from FY22-FY25.
Besides offering visibility to the investors, NMP will also be serving as a medium to map the potential monetisation-ready projects, across numerous infrastructure sectors.
While addressing at the launch, Sitharaman stated that the budget puts infrastructure as the key focus to public expenditure. Further, she said that no land involved in NMP only brownfield assets.
During the press brief, the finance minister stated that public sector enterprises (PSEs) are leveling up CAPEX despite the second wave, and she will keep a close eye this further. Sitharaman stated that NMP will talk about those brownfield assets where the investment is completed and where the assets are either long pending or not fully monetised or under-utilised.