Asset monetization drive likely to generate ₹1.5 lk cr this fiscal, led by mining, and highways.
Asset monetization drive likely to generate ₹1.5 lk cr this fiscal, led by mining, and highways.
Current Affairs Daily Articles & Editorials
La Excellence IAS Academy | January 22, 2024 | Economic Development
Syllabus: GS-III
Subject: Economic Development
Topic: Indian Initiatives, efforts and Commitments – National Missions.
Issue: Asset Monetization.
Context: In FY24, a record Rs 1.5 trillion asset monetization led by mining and highways is expected, surpassing previous achievements. Notable contributions from coal blocks and NHAI.
Asset Monetisation: Asset monetisation is the process of creating new sources of revenue for the government and its entities by unlocking the economic value of unutilised or underutilised public assets.
Schemes(Prelims)
Source: Indian Express
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