New Delhi: Minister of Finance Nirmala Sitharaman on Monday launched a four-year road map for the 6-lakh-crore asset monetization plan.
Most of this will go through brownfield assets from the central ministry and public sector entities throughout the road, train and power.
FM explained that the plan only involved Brownfield and not land projects and also promised to provide incentives to countries to carry out conservation and monetizing assets.
“Ownership of fixed assets with the government and there will be compulsory handsback, which means they have to return after the specified time.
There is no confusion that this Government is to sell itself.
Not.
Brownfield assets will remain government ownership,” Sitharaman said, when uncovering the map Road, which is an important element, and the company’s privatization managed by the state to increase resources to encourage growth and create a pandemic background field.
FM, in budget speech 2021-22, has announced the launch of the asset monetization program as a funding mechanism for greater infrastructure expenditure.
The government has announced the National Infrastructure Pipes of the 100-Lakh-Crore Hospital.
National asset monetization pipes have been developed by Niti Aayog, in consultation with the Ministry of Infrastructure.
Assets include roads and highways, pipelines, power transmission lines, telecommunications towers, telecommunications towers, rebuilding train stations, private trains, tracks, goods warehouses, special goods corridors, 15 train stadiums, 25 airports in nine main ports, 160 projects.
In coal mining, 761 mining mining blocks, two national stadias, the development of the colony and assets of Niti Aayog CEO of Niti Aayog CEO Amitabh Kant said there were more than 20 asset classes in 12 ministries, which have been identified for Karicked Brown pipes, which will be offered for private investment .
Sitharaman said this center will provide incentives to countries to invest in PSU investment and monetizing assets and outlining plans three points.
Countries, which collect money through the development of the state PSU or give up control, will be given the same amount as the center.