scorecardresearch
Saturday, September 28, 2024
Support Our Journalism
HomeEconomyWith transactions worth Rs 1 lakh crore, govt surpasses FY22 target of...

With transactions worth Rs 1 lakh crore, govt surpasses FY22 target of monetisation plan

Follow Us :
Text Size:

New Delhi, May 17 (PTI) The government has completed transactions worth Rs 1 lakh crore under the National Monetisation Pipeline (NMP) in 2021-22, surpassing the ambitious programme’s first-year target of Rs 88,000 crore, Niti Aayog CEO Amitabh Kant said on Tuesday.

Addressing an event organised by Public Affairs Forum of India (PAFI), Kant said India needs to fire on all cylinders, including manufacturing and services, to achieve high growth rates.

“India has the biggest asset monetisation programme.

“…my asset monetisation target was Rs 88,000 crore for last year. I have crossed it by Rs 12,000 crore,” he said.

In August 2021, finance minister Nirmala Sitharaman announced the Rs 6 lakh crore-NMP over four years to unlock value in infrastructure assets across sectors. PTI BKS HVA

This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.

Subscribe to our channels on YouTube, Telegram & WhatsApp

Support Our Journalism

India needs fair, non-hyphenated and questioning journalism, packed with on-ground reporting. ThePrint – with exceptional reporters, columnists and editors – is doing just that.

Sustaining this needs support from wonderful readers like you.

Whether you live in India or overseas, you can take a paid subscription by clicking here.

Support Our Journalism

  • Tags

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular