Understanding India's National Monetisation Pipeline (NMP) Achievements in FY24
| Aspect | Details |
|---|---|
| Total Monetisation in FY24 | ₹1.56 lakh crore |
| FY24 Target | ₹1.8 lakh crore |
| Achievement vs. 2021-22 | 159% of 2021-22 achievement |
| Aggregate Monetisation Potential | ₹6 lakh crore over FY22-FY25 |
| First Two Years (FY21-22, FY22-23) | Target: ₹2.5 lakh crore; Achievement: ₹2.30 lakh crore |
| Ministry-wise Monetisation (FY24) | Road Transport and Highways: ₹40,314 croreCoal Ministry: ₹56,794 crorePower Ministry: ₹14,690 croreMines Ministry: ₹4,090 crorePetroleum and Natural Gas: ₹9,587 croreUrban Ministry: ₹6,480 croreShipping Ministry: ₹7,627 crore |
| Asset Monetisation Strategy | Private Sector Investment: Aims to create infrastructure and jobs.NHAI Initiatives: 33 assets listed for 2024-25.Economic Growth: Focus on rural and semi-urban integration. |
| Background | NMP Announcement: Union Budget 2021-22.Prepared by: NITI Aayog with infrastructure ministries.Purpose: Tap private investment for infrastructure and economic growth. |