Infrastructure ministries list assets for monetisation

The government is planning to monetise assets under various ministries to meet the target of raising around Rs 2.5 lakh crore through asset sales and has listed eight ministries for the programme so far, which include—road transport and highways, power, petroleum and natural gas, telecom, sports, shipping ports and waterways, civil aviation, and railways.

Sources told the media that alongside these core sector assets, the plan includes:

Divestment of the equity stake of Airports Authority of India (AAI) in the joint ventures that operate the Delhi, Mumbai, Bangalore and Hyderabad airports.

Awarding 150 passenger trains to private players.

Leasing out stadiums such as the Jawaharlal Nehru Stadium in the national capital.

The Niti Aayog is in the process of preparing a National Monetisation Pipeline for FY21-24 and has asked ministries to identify and share information on the assets to be included in the pipeline. A core group of secretaries for asset monetisation met last month to discuss the shortlist of assets identified for monetisation in 2021-22.

While the government has been planning asset sale for over two years now, Finance Minister Nirmala Sitharaman presented the broad contours of the asset monetisation pipeline in the budget for 2021-22.

Other than these, eight ministries and several others may be included to undertake the asset monetisation exercise. Some potential ministries that may be included are the Ministry of Coal, Ministry of Mines, Ministry of Tourism and the Ministry of Housing and Urban Affairs.

Asset Monetisation Plan

Ministry

Target (Rs in crore)

Asset Details

Telecom

Rs 40,000 

Telecom assets of BSNL, MTNL and Bharatnet

Road Transport and Highways

Rs 30,000 

Road length of over 7,000 km

Railways

Rs 90,000 

50 stations, 150 private passenger trains


Civil Aviation

Rs 20,000 

13 airports of AAI AAI's stake in Delhi, Mumbai, Bangalore and Hyderabad airports

Shipping, Ports and Waterways

Rs 4,000 

Over 30 berths

Power

Rs 27,000 

Transmission assets of Power Grid

Petroleum and Natural Gas

Rs 17,000 

Pipelines of GAIL, IOCL and HPCL

Youth Affairs and Sports

Rs 20,000 

Sports stadia

Image Source


Also read: Understanding the asset monetisation push

Also read: Union Cabinet clears new divestment policy

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