Asset monetisation of Rs 33,422 cr in FY23 so far, Coal Min leads with Rs 17K cr

Updated: Nov 21 2022 6:58PM

Asset monetisation of Rs 33,422 cr in FY23 so far, Coal Min leads with Rs 17K cr

New Delhi, Nov 21 (PTI) The government has monetised assets worth Rs 33,422 crore under the National Monetisation Pipeline (NMP) in 2022-23 so far, with the Coal Ministry leading the list by raising Rs 17,000 crore, and the Ports and Shipping Ministry surpassing its overall fiscal target, according to sources.

In 2021-22, the government surpassed the programme's first-year target of Rs 88,000 crore by completing transactions worth Rs 1 lakh crore.

Finance Minister Nirmala Sitharaman in a meeting with Niti Aayog CEO Parameswaran Iyer on November 14 reviewed the progress of NMP implementation.