Finance Minister Nirmala Sitharaman unveiled the ‘National Monetisation Pipeline 2.0 (NMP 2.0)’ aiming to monetize assets of Central ministries and public sector entities, with an estimated potential of Rs 16.72 lakh crore over the next five years. The NITI Aayog, in collaboration with infrastructure line ministries, developed this phase based on the ‘Asset Monetisation Plan 2025-30’ outlined in the Union Budget 2025-26. This plan includes a total monetisation potential of Rs 16.72 lakh crore, with Rs 5.8 lakh crore expected from private sector investments between FY 2026 and FY 2030.
Sitharaman highlighted that the new target for NMP 2.0 is significantly higher, over 2.6 times more than NMP 1.0. She urged Ministries and Departments to surpass the set targets through proactive efforts. Sectors covered in the plan comprise highways, railways, power, petroleum, natural gas, civil aviation, ports, warehousing, urban infrastructure, coal, mines, telecom, and tourism. The launch event included the NITI Aayog CEO, Secretaries of various infrastructure ministries, Ministry of Finance, Secretary Law, and the Chief Economic Adviser.
The Finance Minister praised the ministries, departments, and NITI Aayog for achieving nearly 90% of the Rs 6 lakh crore target set for 4 years in the implementation of NMP 1.0. She emphasized that NMP 2.0 aligns with the goal of accelerating infrastructure development for a developed India, contributing to the country’s growth trajectory. NMP 1.0 served as a learning experience, and Sitharaman encouraged leveraging these best practices in NMP 2.0 for optimized results.
Asset monetisation, as per Sitharaman, allows for the recycling of productive public assets, unlocking resources for reinvestment in new projects and capital expenditure. This strategy aids in efficient fund mobilization for public asset CAPEX while reducing the government’s budgetary burden. NMP 2.0, a product of extensive stakeholder consultations by NITI Aayog, Ministry of Finance, and line ministries, emphasizes process simplification and standardization for seamless monetization.
