Union Finance Minister Nirmala Sitharaman on Monday, 23 February, launched the second phase of the National Monetisation Pipeline NMP 2.0, outlining an estimated monetisation potential of ₹16.72 lakh crore over the five-year period from FY 2026 to FY 2030.
Developed by NITI Aayog in consultation with key infrastructure ministries, the updated pipeline forms part of the government’s Asset Monetisation Plan 2025-30 announced in the Union Budget 2025-26.
The plan aims to unlock value from brownfield public assets while channelling fresh investments into new infrastructure creation.
Of the total projected amount, ₹5.8 lakh crore is expected to come through private sector participation under structured asset monetisation models across central ministries and public sector entities.
“The NMP 2.0 estimates aggregate monetisation potential of ₹16.72 lakh crore, including private sector investment of ₹5.8 lakh crore under asset monetisation pipeline of Central ministries and public sector entities, over the five-year period from FY 2026 to FY 2030,” the Finance Ministry said in a statement.
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The launch event was attended by senior officials including the CEO of NITI Aayog, Secretaries of infrastructure line ministries included under the pipeline such as Road Transport and Highways, Railways, Power, Petroleum and Natural Gas, Civil Aviation, Ports, Shipping and Waterways, Telecommunications, Tourism, Mining, Coal, Food and Public Distribution, and Housing and Urban Affairs, along with senior representatives from the Finance Ministry and the Chief Economic Adviser.
Speaking at the launch, the Finance Minister noted that nearly 90 per cent of the ₹6 lakh crore target set under the first phase of the National Monetisation Pipeline had been achieved over four years.
She said the second phase builds on that momentum and aligns with the broader vision of accelerating infrastructure development under the Viksit Bharat initiative.
The minister said NMP enables recycling of productive public assets, thereby unlocking resources for reinvestment in new projects and capital expenditure.
She noted that this approach facilitates efficient mobilisation of funds for CAPEX in public assets while minimising budgetary outgo of the Government.
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