In a bid to push the national infrastructure pipeline (NIP),
India contemplates an investment of INR 111 lakh crore over a
period of five years (i.e., FY 2020 – 2025). To achieve this
target, the Government of India (GoI) is tapping alternate ways
which includes ways for alternate financing.
For attracting investments in the infrastructure sector and
putting the investments planned under the NIP on track, GoI made
provisions in the Union budget for FY 2021 -2022. The budget
reflected a three branched strategy, i.e., (a) creating
institutional structures; (b) pushing up asset monetization; and
(c) enhancing share of capital expenditure in central and state
budgets.
Against this backdrop, the National Monetisation Pipeline (NMP)
was released by NITI Aayog on 23 August 2021. We have specifically
touched upon the initiatives taken by the GoI for the
implementation of the objectives under the NMP. The NMP aims to
increase private sector participation in creation of
