Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Monday launched the second phase of asset monetisation pipeline of Central ministries and public sector entities — ‘National Monetisation Pipeline 2.0 (NMP 2.0)’.
The second phase of the pipeline has been developed by NITI Aayog, in consultation with infrastructure line ministries, based on the mandate for ‘Asset Monetisation Plan 2025-30’ as announced in the Union Budget 2025-26.
The NMP 2.0 estimates aggregate monetisation potential of Rs 16.72 lakh crore, including private sector investment of Rs 5.8 lakh crore under asset monetisation pipeline of Central ministries and public sector entities, over the five-year period from FY 2026 to FY 2030.
Sitharaman, during her address, said the NMP 2.0 is aligned with the mission of achieving Viksit Bharat through accelerated infrastructure development and that the NMP has the potential to fuel India’s growth momentum.
She complimented all the ministries/government departments and NITI Aayog for meeting nearly 90% of the target of Rs 6 lakh crore set for 4 years in the implementation of NMP 1.0.
She observed that the NMP 1.0 was the first of its kind of pipeline at a large scale, and best practices learnt by the authorities concerned should be leveraged in NMP 2.0. She underscored that the learnings and experiences of NMP 1.0 will serve as a guide to ensure that resources and opportunities are optimised to achieve results in a time-bound manner.
Sithraman noted that the five-year asset monetisation target has been set at an ambitious Rs 16.7 lakh crore, over 2.6 times higher than that under NMP 1.0, and added that the Ministries/Departments must aim to surpass the indicated targets through proactive efforts.
Highlighting the significance of asset monetisation, Sitharaman said NMP enables recycling of productive public assets, thereby unlocking resources for reinvestment in new projects and capital expenditure. She noted that this approach facilitates efficient mobilisation of funds for CAPEX in public assets while minimising budgetary outgo of the government.
