Policy & Govt

Budget 2021: From airports to railways, government is on monetisation spree

Budget 2021 saw the government pushing for divestment. From ports to airports, the government is looking at raking in the moolah in the financial year 2021-22. Finance Minister Nirmala Sitharaman presented the budget in Parliament.

The government will come up with an asset monetisation dashboard which will be launched soon to keep the track of monetisation in various sectors. A national monetisation pipeline will also be developed to speed up the process.

GOVERNMENT ON A MONETISATION SPREE

Airports

FM Nirmala Sitharaman, while presenting the budget, said, “Airport Authority of India (AAI) will monetise airports in tier-2,3 cities.” Airports Authority of India is the airport regulator that is looking at more than 100 airports across the country.

The government plans to soon put the next lot of airports for privatisation that will help monetise these assets for operations and management.

Source
India Today
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