NMP 2.0 Targets Rs 16.7 Lakh Crore Asset Monetisation Over 5 Years

The government has launched the second phase of the National Monetisation Pipeline, targeting Rs 16.72 lakh crore from core assets across 12 sectors from FY26 to FY30. The plan, developed by NITI Aayog, is over 2.6 times more ambitious than the first phase, with highways, multi-modal logistics parks, and ropeways accounting for the largest share. Key sectors like railways, ports, and power also contribute significantly to the total monetisation value. Finance Minister Nirmala Sitharaman commended ministries for achieving nearly 90% of the NMP 1.0 target and urged them to proactively surpass the new goals.

Key Points: NMP 2.0: Rs 16.7 Lakh Crore Asset Monetisation Plan Launched

  • Rs 16.72 lakh crore total target
  • 12 infrastructure sectors included
  • Over 2.6x higher than NMP 1.0
  • Highways & railways are top contributors
3 min read

Govt targets to achieve Rs 16.72 lakh crore from 12 sectors in 5 years under NMP 2.0

Finance Minister launches NMP 2.0 targeting Rs 16.72 lakh crore from 12 sectors, including highways, railways, and power, over FY26-30.

"The five-year asset monetisation target has been set at an ambitious Rs 16.7 lakh crore, over 2.6 times higher than that under NMP 1.0 - Nirmala Sitharaman"

New Delhi, February 23

Union Finance Minister Nirmala Sitharaman on Monday launched the second phase of asset monetisation pipeline of Central ministries and public sector entities - 'National Monetisation Pipeline 2.0'.

As per the detailed report released by the NITI Aayog, NMP 2.0 targets to achieve Rs 16.72 lakh crore, including private sector investment of Rs 5.8 lakh crore, from monetisation of assets belonging to 12 sectors, during the course of five years (FY26 to FY30).

The figure lists the infrastructure sectors included in NMP 2.0, along with the concerned Ministry/Department. In case of Ministries with varying functions, the Department responsible for monetisation activities has been specified below, it said.

PSUs and agencies under the purview of these Ministries are expected to be involved in the monetisation initiatives of the respective sectors as well.

The second phase of the pipeline has been developed by NITI Aayog, in consultation with infrastructure line ministries, based on the mandate for 'Asset Monetisation Plan 2025-30' as announced in the Union Budget 2025-26.

Sitharaman noted that the five-year asset monetisation target has been set at an ambitious Rs 16.7 lakh crore, over 2.6 times higher than that under NMP 1.0, and added that the Ministries/Departments must aim to surpass the indicated targets through proactive efforts.

She complimented all the ministries/departments of the Government and NITI Aayog for meeting nearly 90% of the target of Rs 6 lakh crore set for 4 years in the implementation of NMP 1.0.

In line with NMP 1.0, NMP 2.0 shall focus on core assets only. Core assets are the ones central to the service objectives of any given Government Ministry/Department/PSU and are used for delivering infrastructure services to the public/users.

As per the NITI Aayog report, Highways, MMLPs, and ropeways account for the largest allocation, with a Total Monetisation Value (TMV) of Rs 4,42,000 crore, representing 26% of the total target.

Railways and ports form the next major contributors. Railways are targeted at Rs 2,62,300 crore, contributing 16%, while ports are close behind with Rs 2,63,700 crore, also comprising 16% of the total. The power sector has been assigned a TMV target of Rs 2,76,500 crore, translating to a 17% share, making it one of the most significant segments in the monetisation plan.

Coal and mines together represent a substantial portion of the programme. Coal assets are expected to generate Rs 2,16,000 crore (13%), while mines are projected at Rs 1,00,000 crore, contributing 6%. Urban infrastructure has a TMV target of Rs 52,000 crore, accounting for 3% of the total.

Among smaller segments, civil aviation is targeted at Rs 27,500 crore (2%). Petroleum and natural gas assets have a TMV of Rs 16,300 crore, contributing 1%, while warehousing and storage are pegged at Rs 10,000 crore, also with a 1% share. Telecom with a TMV target of Rs 4,800 crore, representing just 0.3% of the total monetisation value while tourism with Rs 1,200 crore accounts for 0.1% of total target.

- ANI

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Reader Comments

P
Priya S
While the intent to unlock value from public assets is good, I have concerns. Monetising core assets like railways and power needs extreme caution. We must ensure this doesn't lead to higher costs for common people. Transparency in the process is key. 🙏
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Aman W
Good to see the 90% achievement in NMP 1.0. That builds confidence. The focus on core assets used by the public is the right approach. Hope the funds generated are reinvested into building new infrastructure, creating a virtuous cycle. Jai Hind!
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Sarah B
Interesting to see the sectoral breakdown. Ports and railways are almost equal contributors. As someone who works in logistics, efficient ports are crucial for 'Make in India'. If private management brings in global best practices, it could be a game-changer for exports.
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Vikram M
The target is 2.6 times higher than the last one? That's very aggressive. My only request to the government is please ensure strong regulatory oversight. We don't want private monopolies controlling essential services. Accountability must be fixed.
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Kavya N
Happy to see urban infrastructure and tourism included, even if the share is small. Our cities need massive upgrades and tourist spots need better facilities. If managed well, this can improve daily life and also attract more foreign tourists. 👍

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