Government will continue the process of monetization of assets: PM Modi

BusinessGovernment will continue the process of monetization of assets: PM Modi

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Government will continue the process of monetization of assets: PM Modi

New Delhi: The Prime Minister has said that his government will continue the process of monetization of assets even further, in this sequence, the target of monetization of about 100 estates in areas like oil, gas, port, airport, power has been set. An investment of Rs 2.5 lakh crore is estimated from this.

The Prime Minister, while addressing a webinar on privatization and wealth monetary battle, said that the country has a lot of underutilized and unutilized wealth under the control of the government. With this thinking, the National Asset Monetize Pipeline has been announced. He said that the process of monetization of properties will continue.

Describing disinvestment and monetary war as an important aspect, he said that when the government undertakings were started in the country, the time was different and the needs of the country were also different. The policy that was right for 50-60 years ago, there is always room for improvement. Today, when we are making these reforms, our biggest goal is to use the government money properly.

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