What is the national Monetization pipeline scheme of Government of India How will it benefit the country?

What is the national Monetization pipeline scheme of Government of India How will it benefit the country?

It aims to unlock value in brownfield projects by engaging the private sector, transferring to them revenue rights and not ownership in the projects, and using the funds so generated for infrastructure creation across the country.

What is asset Monetization India?

As a concept, asset monetisation implies offering public infrastructure to the institutional investors or private sector through structured mechanisms. “Asset monetisation does not involve the selling of land, but it is about monetising brownfield assets”, said India’s Finance Minister Nirmala Sitharaman.

What is asset Monetization?

By Monetization, we mean converting tangible or intangible assets into a source of generating revenue.

What is railway Monetization?

The monetisation plan envisages allowing private companies to lease and operate infrastructure owned by the government across sectors. In the railways, this would include running passenger trains, redeveloping railway stations and railway colonies, operating freight terminals and railway tracks.

How does national Monetisation pipeline work?

The NMP is designed to unlock the value of investments in brownfield public sector assets by tapping institutional and long-term capital. So, government-owned roads, railways, power plants, gas pipelines, airports, ports, warehouses et al could be leased out for a specified period to non-government entities.

What are the benefits of monetization policy?

These include leave grant entertainment and allowance; other benefits that are to be monetized under the programme are residential accommodation, provision of vehicles, fuelling/maintenance of vehicles, provision of drivers and medical treatment.

What is national monetization pipeline?

The National Monetization Pipeline announced recently aligns with the Government’s vision of fulfilling its asset monetization mandate proposed during the Federal Budget 2021-22. The initiative aims to predominantly monetize brownfield public sector assets to raise approx. INR 6 lakh crore over four years (2022-25).

What is monetization policy?

Monetization policy in Nigeria was conceptualized by the Obasanjo federal administration and is a system whereby the fringe benefits and non-pecuniary allowances of public servants as well as those of certain categories of political office holders are transmuted into cash.

What is monetization planning?

Monetization is the process of deriving revenue from the value you offer to your users. Your product – if it’s a product worth using – is delivering meaningful value to its users in some way. It’s only natural therefore that you can expect to receive something in return – including revenue.

What are the aims and objectives of the monetization policy in Nigeria?

The main objectives of the Monetisation Policy are to address the ever-rising cost of governance in the country, to curtail the flagrant waste and abuse of government resources, to enhance employee morale and to improve employee performance (Office of the Head of the Civil Services of the Federation [OHCSF] 2013:7).

What is India’s national monetisation pipeline?

On August 23, 2021, India launched the asset monetisation pipeline of federal ministries and public sector entities – ‘National Monetisation Pipeline (NMP: Volume I and Volume II )’.

What is the economic impact of asset monetisation on the economy?

The monetisation of assets, as laid out in the National Monetisation Pipeline, will have a multiplier impact on the economy and will give a push to growth and employment, NITI Aayog CEO Amitabh Kant tells ET’s Yogima Seth Sharma in an interview.

What assets are available for monetisation under the LPG sector?

The asset classes identified for monetisation under this sector include 733 km LPG pipelines, 3196 km petroleum product pipelines, two hydrogen generation plants, and ESG assets (effluent treatment plants, sulphur recovery units, flare gas recovery systems).

What is the monetisation of assets under NMP?

Monetisation of assets under NMP is targeted at de-risked and brownfield assets with stable revenue generation profile. Given negligible construction risk there is reasonable traction for these assets.