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LATEST NEWS UPDATES | Centre to farm out assets to private sector to raise Rs 6 lakh cr

Centre to farm out assets to private sector to raise Rs 6 lakh cr

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published Published on Aug 24, 2021   modified Modified on Aug 24, 2021

-The Telegraph

Roads and railway assets will unlock the greatest value with the estimates put at Rs 1.62 lakh crore and Rs 1.52 lakh crore, respectively

The Narendra Modi government plans to farm out a vast trove of assets to the private sector over the next four years to raise Rs 6 lakh crore through an elaborate asset monetisation exercise.

“This is not a fire sale of government assets,” Niti Aayog vice-chairman Rajiv Kumar said, taking pains to emphasise that the government would not be ceding ownership. “We are only offering brownfield assets; no land is involved.”

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The Telegraph, 24 August, 2021, https://www.telegraphindia.com/india/modi-government-plans-to-farm-out-a-vast-trove-of-assets-to-the-private-sector-over-the-next-four-years-to-raise-rs-6-lakh-crore/cid/1827718


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