Youth destination IAS

Centre completed asset monetisation worth Rs 96,000 crore

Share with Your Friends

Print Friendly, PDF & Email

Centre completed asset monetisation worth Rs 96,000 crore

In the year 2021-22, assets worth Rs 96,000 crore were monetised.

The central government has completed transactions worth Rs 96,000 crore under the National Monetization Pipeline (NMP) in the year 2021-22. Thus, the government has exceeded the target of Rs 88,000 crore set for this year.

  • The NMP was announced in the Union Budget 2021-22. NITI Aayog has been entrusted with the task of developing it.
  • The NMP will help develop a common framework for monetization of core assets.
  • Core assets are at the heart of an organization’s business objectives. These are used to provide infrastructure services to the public and users.

The core asset monetization framework has three key conditions:

  1. Rights will be monetised, not ownership.
  2. Such brownfield risk-free assets will be monetised, which have stable sources of income.
  3. Structured partnership under a defined negotiating framework.

Source – The Hindu

Download Our App

MORE CURRENT AFFAIRS

Register Yourself For Latest Current Affairs

May 2022
M T W T F S S
« Apr    
 1
2345678
9101112131415
16171819202122
23242526272829
3031  

Mains Answer Writing Practice

Recent Current Affairs (English)

Current Affairs (हिन्दी)

Subscribe Our Youtube Channel

Click to Join Our Current Affairs WhatsApp Group

In Our Current Affairs WhatsApp Group you will get daily Mains Answer Writing Question PDF and Word File, Daily Current Affairs PDF and So Much More in Free So Join Now

Hello!

Login to your account

Open chat
1
Youth Destination IAS . PCS
To get access
- NCERT Classes
- Current Affairs Magazine
- IAS Booklet
- Complete syllabus analysis
- Demo classes
https://online.youthdestination.in/