New Delhi: The Finance Ministry of the Government of India has asked the NITI Aayog to prepare a plan to sell properties in the next 5 years. A top official said that the government is considering moving forward on this path to meet its funding needs. Addressing an event organized by the trade organization FICCI, Additional Secretary of the Ministry of Finance K.K. Rajarajan had said recently that the NITI Aayog has prepared a plan for asset monetization of Rs 1 lakh crore.
He said that now we have asked the NITI Aayog to prepare a plan for the next 5 years. He said that by preparing the plan, the market will be given an indication of which sectors the government can sell its stake in.
He said that the central government has taken several necessary steps to attract investment in the infrastructure sector. Between 2019 and 2025, a Rs 111 lakh crore plan has been prepared under the National Infrastructure Plan, on which the loan is a challenge and the government is working in this direction.
According to the government official, the task force has submitted a report on this National Infrastructure Plan to Finance Minister Nirmala Sitharaman. Along with this, many plans like raising funds from the bond market, land monetization, have been suggested, through which funds can be raised for this plan. In December, the Task Force submitted its initial report on the National Investment Plant, which described projects worth Rs 102 lakh crore, which are to be implemented in the next 5 years.
