Economics • Indian EconomyHard
Evaluate the objectives of the 'National Monetisation Pipeline' (NMP) launched by the Government of India. What core economic activity does it entail?
A. Privatizing all public sector manufacturing enterprises by selling 100 percent equity to private conglomerates
B. Unlocking value from brownfield public infrastructure assets by transferring operational rights to private investors through leasing without transferring ownership✓ Correct Answer
C. Issuing sovereign gold bonds to withdraw physical gold from household lockers
D. Monetizing government budget deficits by printing new currency notes through the central bank
💡 Solution & Explanation
The National Monetisation Pipeline focuses on unlocking value from underutilized brownfield public infrastructure assets by engaging private sector participation through asset leasing and operational concessions, allowing the government to reinvest capital in new greenfield infrastructure projects without selling public asset ownership. Alternative options mention outright privatization of all public enterprises or deficit monetization. It serves as an innovative financing strategy for infrastructure development.
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