Assets worth Rs 1.56 lakh crore monetised in 2023-24 as against the target of Rs 1.8 lakh crore under NMP:

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The government monetised assets worth Rs 1.56 lakh crore in 2023-24 as against the target of Rs 1.8 lakh crore under the National Monetisation Pipeline (NMP), taking the total monetisation to Rs 3.85 lakh crore in three years since the launch of the programme in 2020-21, NITI Aayog said on Wednesday...

Under the NMP, the government had envisaged monetising assets worth Rs 6 lakh crore during the four year period from 2021-22 to 2024-25..

Cumulative monetisation in 2021-22 and 2022-23 stood at Rs 2.30 lakh crore as against the target of Rs 2.5 lakh crore...

While the ministry of road transport and highways monetize assets worth Rs 40,314 crore in 2023-24, monetisation receipts of coal ministry stood at Rs 56,794 crore, for the ministry of power it was Rs 14,690 crore, mines ministry got Rs 4,090 crore, the ministry of petroleum and natural gas received Rs 9,587 crore, the urban development ministry received Rs 6,480 crore and while the shipping ministry monetised assets worth Rs 7,627 crore, which is more than 70% of the target set for them...