Govt's Mega Divestment Push: Around 100 Assets Valued At Rs 5 Lakh Crore Identified For Sale In Next Four Years
NITI Aayog, the policy think tank of the government, has identified around 100 assets that can be monetised in the next four years as part of the government's mega divestment push.
The Aayog has asked the administrative ministries for creating the list of assets for divestment, and is preparing a schedule for the sustained sale of the assets and companies to be privatised.
The 100 assets identified by the NITI Aayog are valued at around Rs 5 lakh crore and will be pust on the fast track for divestment, reports Economic Times.
According to the report, the list of the assets identified by the government think tank has been shared with ministries and consultations on possible investment structures have started.
“Around 31 broad asset classes, mapped to 10 ministries or central public sector enterprises, have been developed,” a government official was quoted as saying.
The assets identified for privatisation reportedly include ports, cruise terminals, toll road bundles, transmission towers, oil and gas pipelines, railway stations, operational metro sections, sports stadia, mountain railways, warehouses and commercial complexes.
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.