Govt's Mega Divestment Push: Around 100 Assets Valued At Rs 5 Lakh Crore Identified For Sale In Next Four Years

Govt's Mega Divestment Push: Around 100 Assets Valued At Rs 5 Lakh Crore Identified For Sale In Next Four YearsPrime Minister Narendra Modi with Finance Minister Nirmala Sitharaman (Representative image)

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.

Comments

Latest Articles

    Artboard 4Created with Sketch.