The government completed transactions worth Rs 96,000 crore under the National Monetisation Pipeline (NMP) in 2021-22, surpassing the ambitious programme's first-year target of Rs 88,000 crore, a top official said on Tuesday.
Road, power, coal and mining assets helped in surpassing the first-year target, the official said, adding that the long term investment impact of the transactions completed in the last fiscal is estimated at Rs 9 lakh crore.
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.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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