National Monetisation Pipeline shows promise — and limits

Synopsis: Article focuses on two issues – How much should the government expect to raise from the Asset Monetisation plan? And, whether the plan likely to increase the efficiency of the economy? Background – Read here: National Monetisation Pipeline – Explained, pointwise How much should the government expect to raise from the Asset Monetisation plan?… Continue reading National Monetisation Pipeline shows promise — and limits

Decoding asset monetisation

Synopsis: Govt recently launched its NMP project. The article throws light on what NMP exactly is and what it is not. Introduction The National Monetisation Pipeline (NMP) is a bold initiative. But we should first understand what the NMP is and what it is not. The NMP is not about the sale of government-owned assets.… Continue reading Decoding asset monetisation

The long and the short of the NMP

Synopsis: Pertinent questions, in the light of the recently announced NMP, have been raised in the article. Questions are related to the impact of NMP on ordinary citizens, whether NMP was the only option before the govt, and whether public sector enterprises are actually inefficient. Background Read here: National Monetisation Pipeline (NMP) project – Explained… Continue reading The long and the short of the NMP

National monetization pipeline betrays narrow outlook

Synopsis: Monetisation of assets to generate value is a step in the right direction, but the underlying problems and challenges that led to underutilization of these assets need to be ascertained too. Proper execution of NMP based on a policy which is refined gradually as per the feedback received is the way forward. Background Read… Continue reading National monetization pipeline betrays narrow outlook

Is monetising public assets a good idea?

Synopsis: Two experts, viz. Montek Singh Ahluwalia (MS) and Professor Ajay Shah (AS), share their views over Asset Monetisation programme of the government. Background Read here: National Monetisation Pipeline (NMP) project – Explained How can govt go about monetising operational assets? Both experts mention ways in which govt can pursue monetisation of assets: MS AS… Continue reading Is monetising public assets a good idea?

The truth about asset monetisation

Source: This post is based on the article “The truth about asset monetisation” published in Indian Express on 1st September 2021. Relevance: Resource mobilisation and Investment in Infrastructure Synopsis: Criticism of the government’s plans to lease out assets to private players, raise resources for public investment, is baseless. Criticism of NMP is baseless Arguments have… Continue reading The truth about asset monetisation

Making NMP work

Source: This post is based on the following articles published on 31st August 2021: Asset monetization mustn’t end up as a Potemkin show – Livemint A monetization move that doesn’t tick most boxes – The Hindu Making NMP work – Business standard  Relevance: Resource Mobilisation  Synopsis: Challenges in the Implementation of National Monetisation Pipeline (NMP) and suggestions to overcome those challenges.  Is asset… Continue reading Making NMP work

It makes sense to extract value from underutilized public assets (On Asset monetisation)

Source: Live Mint Relevance: Resource Mobilisation Synopsis: National Monetisation Pipeline (NMP), should be welcomed. Background Read here: National Monetisation Pipeline Project – Explained, pointwise The Rationale behind Asset Monetisation Additional Fiscal resources for states: Public assets like roadside parking slots, municipal grounds and advertising surfaces and parade grounds of police and defence services remain unused… Continue reading It makes sense to extract value from underutilized public assets (On Asset monetisation)

Government prepares plan to hive off surplus land of PSUs (On NMP project)

Source: The Hindu, TOI What is the news? After unveiling the Rs 6-lakh-crore asset monetization program, the government has accelerated efforts to separate surplus land. The government will soon seek Cabinet approval for setting up a specialized entity (special purpose vehicle, or SPV) to undertake such transactions for state-run companies, ministries and departments. The entity… Continue reading Government prepares plan to hive off surplus land of PSUs (On NMP project)

Finance Minister launches the National Monetisation Pipeline

Source: The Hindu, Indian Express, Livemint and PIB What is the News? The Union Minister for Finance has launched the National Monetisation Pipeline. About National Monetisation Pipeline: Prepared by: It was prepared by NITI Aayog in consultation with infrastructure line ministries, based on the mandate for ‘Asset Monetisation’ under Union Budget 2021-22.  Note: Asset monetisation… Continue reading Finance Minister launches the National Monetisation Pipeline