Personal Finance & Money Asked on July 28, 2021
Tabling the Union Budget for 2021-22, Ms. Sitharaman said:
Monetising operating public infrastructure assets is a very important financing option for new infrastructure construction.
This has been taken from a newspaper extract after the budget was discussed. The link to the extract is provided herewith: Union Budget 2021 | National Asset Monetisation Pipeline to be launched
However I do not know what it means by the phrase "National Asset Monetisation Pipeline". Please give me a detailed answer to this.
Asset monetisation is the process of unlocking the value of investment made in public assets which have not yielded appropriate or potential returns so far. The Minister informed that an Asset Monetization dashboard will also be created for tracking the progress and to provide visibility to investors. According to https://journalsofindia.com/national-asset-monetization-pipeline/#:~:text=Asset%20monetisation%20is%20the%20process,to%20provide%20visibility%20to%20investors.
Correct answer by Joseph Casey on July 28, 2021
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