The government has determined the assets of large state-owned companies to make money
The government has identified the core assets of major public sector undertakings (PSUs) such as National Highways Authority of India (NHAI), Airports Authority of India (AAI), National Highways Corporation National Thermal Power (NTPC), Indian Oil Corporation (IOC), GAIL, Hindustan Petroleum Corporation Limited (HPCL) and many more to monetize under National Monetization Pipeline (NMP) from 2022-2025 .
Several other PSUs with assets it has identified to make money include Mahanagar Telephone Nigam Limited (MTNL), Bharat Sanchar Nigam Limited (BSNL), NHPC, Food Corporation of India (FCI) and Neyveli Lignite Corporation.
According to Ministry of Finance sources, according to the NMP, the core infrastructure assets of these selected PSUs have been identified as through the program, the government plans to strengthen financing, which has been Severely affected by the Coronovirus pandemic in almost two fish species.
While the government is already out of its way to divest large PSUs, the NMP has been designed to make blue chip state-owned assets leased to private entities, thereby aiming to raise funds for the public. to 2025.
What it calls “unlocked value,” will result in revenue generation for the government, which the government has already begun identifying assets from these PSUs.
Finance Minister Nirmala Sitharaman in August this year, announced the NMP, which is expected to raise Rs 60,000 by monetizing Central government operating assets over a 4-year period ending in 2025. .
NMP is designed to unlock the value of brown school public sector asset investments by tapping into long-term and institutional capital. So roads, railways, power plants, gas pipelines, airports, harbors, warehouses, etc. owned by the government, will be leased to NGOs for a limited period of time. Specifically.
