Govt eyes Rs 16.7 lakh crore from asset monetisation over FY26-30

NEW DELHI: The National Monetisation Pipeline (NMP) 2.0 has set a target of Rs 16.7 lakh crore from monetisation of assets belonging to 12 sectors in more than 2,000 projects over five years from fiscal year 2026 to 2030, a roadmap prepared by govt's policy think tank Niti Aayog showed on Monday.

The aggregate assets under the pipeline will also include private sector investment of Rs 5.8 lakh crore.

Finance minister Nirmala Sitharaman on Monday said that NM.0 has set at an ambitious target, over 2.6 times higher than the first phase, and asserted that ministries and departments must aim to surpass the indicated targets through proactive efforts. According to the Niti Aayog document, of the total monetisation inflow during FY26 to FY30, 43% is expected to accrue to the Centre (consolidated fund of India), 15% to state-run firms and 4% to state govts. It estimated that 39% of the total target is expected to be direct investment. The assets and transactions identified under the NM.0 are expected to be rolled out through a range of instruments, including direct contractual instruments such as public private partnership concessions, capital market instruments such as Infrastructure Investment Trusts (InvIT), IPO, FPO and private placement, securitisation, lease, land-based development for railways, ports, telecom and commercial auction for mines and coal. Sitharaman had launched NMP 1.0 in 2021 with a target of raising Rs 6 lakh crore. Niti Aayog CEO B V R Subrahmanyam said NMP 1.0 had achieved 89% of the target, amounting to Rs 5.3 lakh crore.

Subrahmanyam said in the first year of NM.0, govt hopes to raise nearly Rs 2 lakh crore in 2025-26. NMP includes transactions in brownfield assets of central ministries and public sector entities and does not include land.