National Monetisation Pipeline Yojana UPSC Pdf 2021 | NMP, Objectives – National monetisation pipeline: Central Government to NITI Aayog for Asset Monetaigen Was given the responsibility of preparing a report. R has prepared a list of properties where asset monetisation is likely. These are sectors. Railways, Road Transport and Highways, Shipping, Telecom, Power, Civil Aviation, Petroleum and Natural gas, youth affairs and sports.
You have this information that the Central Government was selling to loss making public companies. But the government now has basic sector projects for its earnings, such as Large private sectors to rail, road, airport, gas pipeline, stadium, power, warehouse Give it to the players for some time and in return they will be charged a hefty ‘fare’.
You can say that these big projects are ‘rented‘ by the government. It may be noted that according to the Central Government, private companies own these projects in the entire process will not be transferred to. After a few years, the central government is responsible for the operation of these projects. Then Central Government Will Take Back All Companies and properties Back Form Private Players . How long will this time be between the Centre and private companies Will decide on the agreement.
Let’s now know this program in detail.
Key HighlightsÂ
Misison Name | National Monetisation Pipeline |
Launched By | Finance Minister Of India |
Prime Minister | Narendra Modi |
Launch Date | 24 August 2021 |
Main objective | To Generate Revenue From Underutilised Government Properties . |
Official Website | https://www.niti.gov.in/national-monetisation-pipeline |
Download Pdf | Click Here |
What is National monetisation pipeline ?
- The National Monetisation Pipeline (NMP) will cover a wide array of sectors ranging from road and railway assets, and airports to power transmission lines and gas pipelines.
- The government will only monetise under-utilised assets and the ownership will remain with the centre.
- Many public sector assets are sub-optimally utilized and could be appropriately monetized by involving private sector (leasing or selling) to create better value from the assets.
Key Features
- The government will only monetise under-utilised assets and the ownership will remain with the centre.
- The private participants will have to hand over the assets to the government after a pre-determined period of time.
- The money obtained through the monetization exercise will be channelised into infrastructure building.
- The entire exercise “will generate greater value and unlock resources for economy.
- Infra assets worth ₹ 6 lakh crore will be monetised across the rail, road and power sectors over 4 years and “projects have been identified to monetise the assets.
- Most of the asset monetisation will take place either through the InvIT mode or public-private partnerships.
What Sectors Are Monetised Under National Monetization Pipeline
The government will monetise assets From Different Sectors .
- The government will monetise assets worth ₹ 1.6 lakh crore from the roads sector
- ₹ 1.5 lakh crore from the railway sector
- ₹ 79,000 crore from the power sector.
- The centre will also monetise ₹ 20,800 crore from airports
- ₹ 13,000 crore from ports
- ₹ 35,000 crore from telecom
- ₹ 11,500 crore from stadiums
- ₹ 45,200 crore from power transmission sectors.
Sector | Monetisation Value |
Roards Sector | ₹ 1.6 lakh crore from the roads sector |
Railway Sector | ₹ 1.5 lakh crore from the railway sector |
Power Sector | ₹ 79,000 crore from the power sector. |
Aiports | ₹ 20,800 crore from airports |
Ports | ₹ 13,000 crore from Ports |
Power Transmission Sector | ₹ 45,200 crore from power transmission sectors. |
Stadiums | Rs 11500 Sector |
Which Ministeries Are Part Of National Monetisation Pipeline ?
- The ministries of roads, transport & highways, railways, power, pipeline & natural gas, civil aviation, shipping ports & waterways, telecommunications, food & public distribution, mining, coal, housing and urban affairs will be a part of the National Monetisation Pipeline.
Merits of the NMP
Resource Efficiency |
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Fiscal Prudence |
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Streamlining the Process |
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Mobilising Private Capital |
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Less Resistance |
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Cooperative Federalism |
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Promoting Public-Private Partnership |
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