Finance Minister Nirmala Sitharaman has said monetisation of Central Public Sector Enterprises (CPSE) assets is based on the principle of value creation for the government and investors and would bring about a paradigm shift in infrastructure augmentation and maintenance. She said India can become a $5 trillion economy, while striking the right balance between fiscal imperatives and socio-economic welfare, through active collaboration between the public and private sector.
The minister has stated that asset monetisation needs to be viewed not just as a funding mechanism, but as an overall strategy for bringing about a paradigm shift in infrastructure augmentation and maintenance. She also underlined the government's resolve for value creation and improvement in the productivity of brownfield infrastructure assets via innovative instruments.
In her 2021-22 Budget speech, Sitharaman had said monetising operating public infrastructure assets is a very important financing option for new infrastructure construction. She also said a National Monetisation Pipeline of potential brownfield infrastructure assets will be launched. An asset monetisation dashboard will also be created for tracking the progress and to provide visibility to investors.