India News | FM Sitharaman Reviews Progress of National Monetisation Pipeline

New Delhi, Nov 14 (PTI) 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.

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"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).

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“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. PTI DP

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