ET Graphics: Sitharaman launches infra asset recycling program National Monetisation Pipeline 2.0

Finance Minister Nirmala Sitharaman has unveiled the National Monetisation Pipeline 2.0, possibly one of the world’s largest state-led infrastructure asset recycling programmes. The plan targets monetisation receipts of over Rs 16.7 lakh crore over the next five years till 2029-30 — a 2.6- fold jump from NMP 1.0. ET’s Yogima Seth Sharma looks at the contours of the plan:

Proceeds are allocated to four different heads — Consolidated Fund of India, PSU/Port Authorities allocation, State Consolidated Fund and Direct investment (private).

Some key assets include Delhi-Amritsar-Katra Expressway, Gurgaon-Kotputli-Jaipur Bypass, Amritsar-Jamnagar Highway, Hydro power stations of NHPC and SJVN, Hemkund-Sahib Ji Ropeway, Sonprayag-Kedarnath Temple Ropeway and Kathgodam-Hanumangarhi Temple Ropeway.

The guiding framework includes core asset monetisation, drawing from NMP 1.0 and investment by private sector in PPP projects of Rs 3.77 lakh crore