Potential for ₹5-6 trillion assets to be monetised in the near term at central level
What is asset monetisation?It involves the creation of new sources of revenue by unlocking of value of hitherto unutilised or underutilised public assets, as per the Department of Investment and Public Asset Management.
Internationally, it is recognised that public assets are a significant resource for all economies. Monetising these assets that government's control, including in public corporations, is widely held to be an important public finance option for managing public resources. Asset monetisation allows reduction of owners’ debt and also creates a suitable environment for domestic as well as foreign investors – such as sovereign wealth funds, retail investors and institutional investors – to participate for th