NITI Aayog unveils NMP 2.0 with ₹16.72 lakh crore monetisation target over 5 years

Photo: IANS


Union Finance Minister Nirmala Sitharaman on Tuesday launched the second phase of the asset monetisation pipeline of Central ministries and public sector entities — the ‘National Monetisation Pipeline 2.0 (NMP 2.0)’.

According to a report by NITI Aayog, NMP 2.0 aims to achieve ₹16.72 lakh crore, including private sector investment of ₹5.8 lakh crore, through the monetisation of assets across 12 sectors over five years (FY26 to FY30).

The report further stated that NMP 2.0 is expected to increase India’s GDP by approximately ₹40 lakh crore over the next five to ten years.

It highlighted that asset monetisation will play a key role in boosting infrastructure investment and supporting economic growth by unlocking value from existing public assets and reinvesting the proceeds into new infrastructure projects.

The five-year asset monetisation target has been set at an ambitious ₹16.7 lakh crore, more than 2.6 times higher than the target under NMP 1.0. The report added that ministries and departments must aim to surpass the indicated targets through proactive efforts.

Sitharaman complimented all ministries, departments, and NITI Aayog for achieving nearly 90 per cent of the ₹6 lakh crore target set over four years under NMP 1.0.

In line with the first phase, NMP 2.0 will focus only on core assets — those central to the service objectives of government ministries, departments, and public sector undertakings, and used for delivering infrastructure services to the public.

Highways, Multi-Modal Logistics Parks (MMLPs), and ropeways together account for the largest share of the pipeline, with a Total Monetisation Value (TMV) of ₹4,42,000 crore, representing 26 per cent of the overall target.

Railways and ports are the next major contributors. Railways have been assigned a TMV target of ₹2,62,300 crore (16 per cent), while ports have a target of ₹2,63,700 crore, also accounting for 16 per cent.