Asset monetization drive likely to generate ₹1.5 lk cr this fiscal, led by mining, and highways.

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)

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