Economics • Indian EconomyEasy
What does the 'National Monetisation Pipeline (NMP)' launched by the Government of India aim to achieve?
A. Sell complete ownership of public sector banks to foreign entities
B. Unlock value from brownfield infrastructure assets of the central government to generate resources for new infrastructure creation✓ Correct Answer
C. Print new currency notes to fund rural employment programs
D. Nationalize private telecom operators
💡 Solution & Explanation
The National Monetisation Pipeline was launched by the Government of India to unlock economic value from brownfield infrastructure assets across sectors like railways, roads, and power by leasing them to private operators. The proceeds generated are earmarked for funding new greenfield infrastructure projects without placing an excessive debt burden on the exchequer. This strategy emphasizes asset recycling rather than outright privatization of public sector enterprises.
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