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FY'24 asset monetisation falls short of target at ₹1.50 lakh cr

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Notification 02 Feb 2024 12:21 PM IST PTI

The central government and Central Public Sector Enterprises are estimated to monetise assets worth ₹1.50 lakh crore in the current fiscal, a tad lower than the target of ₹1.75 lakh crore, a senior official said.

Under the National Monetisation Pipeline, the aggregate monetisation potential of the central government's brownfield infrastructure assets has been estimated at ₹6 lakh crore over a four-year period, from FY 2022 to FY 2025.

In an interview with PTI TV, the Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey said about ₹1.75 lakh crore was the target for asset monetization this year and "we are going to achieve something like ₹1.50 lakh crore through monetisation".