1 Answers
Option 1 : 1 and 2 only
The correct answer is 1 and 2 only.
- In News:
- The Centre launched the National Monetisation pipeline (NMP) in an effort to list out the government’s infrastructure assets to be sold over the next four years. Hence, statement 1 is correct.
- Key features:
- The four-year National Monetisation Pipeline (NMP) will unlock value in brownfield projects by engaging the private sector, transferring to them the rights but not the ownership in projects.
- Components: Roads, railways and power sector assets will comprise over 66 per cent of the total estimated value of the assets to be monetised, with the balance coming from sectors including telecom, mining, aviation, ports, natural gas and petroleum product pipelines, warehouses and stadiums.
- The Framework:
- Currently, only assets of central government line ministries and CPSEs in infrastructure sectors have been included. Hence, statement 2 is correct.
- Monetization through disinvestment and monetization of non-core assets have not been included in the NMP. Hence, statement 3 is not correct.
- The objective of the programme:
- To unlock the value of investments in brownfield public sector assets by tapping institutional and long-term capital, which can thereafter be leveraged for public investments.
- To enable ‘Infrastructure Creation through Monetisation’ wherein the public and private sector collaborate, each excelling in their core areas of competence, so as to deliver socio-economic growth.
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