What is the national monetization pipeline? Finance Minister Nirmala Sitharaman presented her application today …! The National Monetization Pipeline
is a plan by the Narendra Modiled central government to sell state assets to raise funds for national development projects. The
plan will list the central government assets to be sold in the next 4 years. The plan will be announced today by the Federal Minister of Finance, Nirmala Sitharaman. Also present at the meeting were Nitish Ayog CEO Abidab Kant and other senior officials.
What is the national monetization channel?
According to central government think tank Nithi Ayog, the national monetization pipeline project includes the federal government’s abandoned industrial infrastructure asset project and the federal government’s monetization of state assets over the next four years.
On budget status
The government formulated a fundraising plan to sell assets and implement various construction projects and major announcements announced in this year’s budget report.
6 trillion rupees
The federal government has decided to sell state assets worth approximately 6 trillion rupees, including assets of national roads and electricity grid pipelines, which was announced earlier this month by the Federal Minister of Investment and Public Property Management, Tukin Kantha Pandey.
Sale of government property
Monetization of assets is defined on the website of the Federal Department of Investment and Public Property Management (DIPAM) as a way to monetize a large amount of underutilized or underutilized assets into assets controlled by the government, thus creating a value for the country Revenue routes.
Government assets are important
DIPAM explained that government assets are vital to all economies in the world, but such decisions must be made when government development projects lack sufficient funds.
Infrastructure projects
The National Monetization Pipeline Project was mentioned in the budget report for fiscal year 202422 of the Federal Government. Now the project has been announced as a new diversified fundraising project to improve the country’s infrastructure.
Financial resources
It is said that the financial resources generated by the project will be invested in projects that can strengthen the economic growth and economy of the country, such as overpasses, highway projects and national highways. What do you think of the central government’s plan to raise funds by selling state assets created by popular taxes?
Sale of Assets in Tamil Nadu:
National Monetization Plan approved by the coalition government led by the Prime Minister, the Ministry of Finance and the Nitish Ayog organization jointly announced the sale of various government-controlled assets for various assets controlled by the government in Tamil Nadu: countries that raise funds for development projects.
The report was issued by the Federal Minister of Finance, Nirmala Sitharaman.
Through the national monetization plan, the central government plans to undertake a project worth 600 million rupees in the next four years by 2025.
List which properties in Tamil Nadu are being sold by the central government.
Highways project assets
The central government plans to lease approximately 26,700 kilometers of roads under the National Monetization Program and raise approximately Rs 160,200 crore. 4,444 of which, 1,931 kilometers of roads, including about 28 road projects in southern India alone, are temporarily sold to the private sector. Lease 2,031 kilometers of roads in the west.
• 94 km Ulundurpet Badalur Road
• 73 km Ulundurpet Tindivanam Road
38 km Trichy Badalur Road
• 63 km Krishnagiri Toppur Ghat Road
6 60 km 6 Road Hosur Krishnagiri
km Trichy Badalur Road
414 km Trichy Badalur Road
17 km Karaikudi Road (including Trichy Ring Road)
Railway sector assets
The central government plans to raise approximately Rs 152,496 crore by leasing approximately 26% of total railway assets to the private sector.
Pondicherry Railway Station has been selected for renovation.
Chennai Group trains have been selected for private participation in passenger train operations.
Nilgiri Railway has been selected as a privatization project for mountain railways.
Power generation assets
Approximately 6.0 GW power stations will be sold in India. Some of NLC’s hydraulic power sources, namely Neyveli Lignite Corporation Limited, are being sold.
Although Neyveli Lignite Corporation Limited is located in Tamil Nadu, it is under the Central Ministry of Coal.
