Syllabus: GS-III
Subject: Economic Development
Topic: Indian Initiatives, efforts and Commitments – National Missions.
Issue: Asset Monetization.
Context: In FY24, a record Rs 1.5 trillion asset monetization led by mining and highways is expected, surpassing previous achievements. Notable contributions from coal blocks and NHAI.
Asset Monetisation: Asset monetisation is the process of creating new sources of revenue for the government and its entities by unlocking the economic value of unutilised or underutilised public assets.
Schemes(Prelims)