Swarajya Logo
Swarajya Logo
Politics States Economy Society Business Culture Infra Defence World Books Ideas Science Technology Heritage Archives Legal Movies Sports
  • Our Views
    Politics States Economy Society Business Culture Infra Defence World Books Ideas Science Technology Heritage Archives Legal Movies Sports
  • Magazine
  • Store

About Swarajya

Swarajya is a publication by Kovai Media Private Limited.

Swarajya - a big tent for liberal right of centre discourse that reaches out, engages and caters to the new India.

editor@swarajyamag.com

Useful Links

  • About Us
  • Subscriptions Support
  • Editorial Philosophy
  • Press Kit
  • Privacy Policy
  • Terms of Use
  • Code of Conduct
  • Plagiarism Policy
  • Refund & Cancellation Policy

Useful Links

  • About Us
  • Subscriptions Support
  • Editorial Philosophy
  • Press Kit
  • Privacy Policy
  • Terms of Use
  • Code of Conduct
  • Plagiarism Policy
  • Refund & Cancellation Policy

Participate

  • Contact Us
  • Write for us
  • Style Guide
  • Jobs

Stay Connected

  • Artboard 2 Copy 6Created with Sketch.
    Artboard 2 Copy 10Created with Sketch.
    Artboard 2 Copy 7Created with Sketch.
    Artboard 2 Copy 9Created with Sketch.
  • Andriod Logo
  • IOS Logo

Insta

From Roads, Pipelines To Telecom Towers And Stations: Eight Ministries Finalize Assets For Govt’s Monetisation Plan

Swarajya StaffWednesday, March 17, 2021 2:40 pm IST
Finance Minister Nirmala Sitharaman. (PTI)
Finance Minister Nirmala Sitharaman. (PTI)
Finance Minister Nirmala Sitharaman. (PTI)

Eight ministries of the central government have shortlisted assets such as roads, oil and gas pipelines, sports stadia, telecom towers along with electricity transmission, and others to raise Rs 2.5 lakh crore through asset monetization.

Moreover, there are plans in place to let private companies operate 150 trains, divest the Airport Authority of India’s equity stakes in joint ventures running the Mumbai, Bengaluru, Hyderabad, and Delhi airports, and also lease out stadiums like the Jawaharlal Nehru Stadium in New Delhi to generate further funds.

Ministries have been asked to include assets that can be included in the National Monetization Pipeline for FY21-24 that the Niti Aayog is currently preparing. Last month, a core group of secretaries had met and deliberated upon assets that could be monetized in FY 2021-22.

Overall, the Ministry of Railways has planned to pocket Rs 90,000 crore via asset monetization and is also set to issue Requests for Proposals (RFPs) and Requests for Qualification (RFQs) to redevelop 50 railway stations by the end of this month.

Similarly, the Ministry of Road Transport and Highways will monetize 7,200 km of roads by employing different means such as the infrastructure investment trust (InvIT), securitization, and Toll-Operate Transfer (TOT).

Rs 7000 crore will be raised in 2021-22 by monetizing the transmission assets of the Power Grid Corporation of India Limited (PGCIL) in two lots. Similar plans have been devised for the Mahanagar Telephone Nigam Ltd (MTNL), Bharat Sanchar Nigam Limited (BSNL), and Bharatnet, Indian Express reports.

Additionally, the Ministry of Youth Affairs and Sports will kick off an exercise to recognize its assets as it targets to gain Rs 20,000 crore through this process. It will lease out stadiums on an operational and maintenance contract to the private sector.

The Ministry of Shipping Ports and Waterways has also set its eyes on 30 berths that can be monetized through a public-private partnership (PPP) model as other ministries are set to join this mega exercise in the coming times.

Tags
Niti Aayog
Ministry of Road Transport and Highways
Ministry of Railways
FM Nirmala Sitharaman
National Monetization Pipeline
Ministry of Shipping and Waterways
Ministry of Youth Affairs and Sports

Comments ↓

An Appeal...


 

Dear Reader,

 

As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.

 

Our business model is you and your subscription.  And in challenging times like these, we need your support now more than ever.

 

We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.

 

Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.

Get Swarajya in your inbox.


Merchandise

Merchandise


    States

    Magazine


    Swarajya Magazine Cover Image

    Politics

    Four Reasons Why BJP Swept The State Of Madhya Pradesh

    Four Reasons Why BJP Swept The State Of Madhya Pradesh

    Tushar Gupta
    5h

    BJP Hits The High Notes; Congress Has To Be Happy With Consolation Prize

    R Jagannathan
    5h

    Mathur, Mandaviya, Nitin Nabin: Men Behind BJP's Spectacular Comeback In Chhattisgarh

    Swarajya Staff
    5h

    Economy

    Textile Industry In Tamil Nadu Affected By Increased Competitiveness Of Other States; High Cost Of Power And Labour Among Reasons: Report

    Textile Industry In Tamil Nadu Affected By Increased Competitiveness Of Other States; High Cost Of Power And Labour Among Reasons: Report

    Swarajya Staff
    1d

    Sorry, Cassandras. India's GDP Could Well Top 7 Per Cent In Fiscal 2023-24

    R Jagannathan
    3d

    India's GDP Grows 7.6 Per Cent In July-September Quarter

    Nayan Dwivedi
    3d

    Defence

    India To Secure Entire Pakistan And Bangladesh Borders In Next Two Years: Home Minister Amit Shah On BSF Day

    India To Secure Entire Pakistan And Bangladesh Borders In Next Two Years: Home Minister Amit Shah On BSF Day

    Nayan Dwivedi
    2d

    Indian Navy Makes History By Appointing First Female 'Commanding Officer' Of A Naval Ship

    Swarajya Staff
    2d

    Centre Putting All-Out Efforts To Bring Them Back: Indian Navy Chief On Veterans Sentenced To Death In Qatar

    Swarajya Staff
    2d

    World

    Hamas Leader, Who Virtually Addressed A Pro-Palestine Rally In Kerala In October, On Israeli Spy Agency's 'Kill List': Report

    Hamas Leader, Who Virtually Addressed A Pro-Palestine Rally In Kerala In October, On Israeli Spy Agency's 'Kill List': Report

    Swarajya Staff
    1d

    New Zealand: Three Khalistani Extremists Sentenced For Attempted Murder Of Radio Host Harnek Singh

    Swarajya Staff
    2d

    Brazilian City Council Unknowingly Enacts First AI-Written Ordinance

    Swarajya Staff
    2d

    Culture

    'Animal': Sandeep Reddy Vanga 2 – Liberals 0

    'Animal': Sandeep Reddy Vanga 2 – Liberals 0

    K Balakumar
    1d

    Why The Insidious Anti-Hindu Communalism Of Certain Directors Goes Scot-Free

    Anonymous Contributor
    2d

    Napoleon Film Review: Ridley Scott’s Waterloo

    Venu Gopal Narayanan
    2d

    infrastructure


    Ankit Saxena
    1

    BJP’s Big Infrastructure Push In Madhya Pradesh Assured Their Victory

    6 Mins Read
    Arun Kumar Das
    2

    'Our Motto Is To Mobilise India By Making In India, For India And For The World': Siemens Mobility Head

    3 Mins Read
    Arun Kumar Das
    3

    Government Propels National Green Hydrogen Mission With Kochi Workshop

    2 Mins Read
    Arun Kumar Das
    4

    Railways Achieves 1015.6 Million Tonnes Freight Loading Between April-November 2023

    1 Mins Read