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With reference to the National Monetisation Pipeline (NMP), consider the following statements:
1. In India, the idea of asset monetisation was first suggested by the Urjit Patel committee (2012) on the roadmap for fiscal consolidation.
2. The project has been developed by NITI Aayog.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
With reference to the National Monetisation Pipeline (NMP), consider t...
The Central Government has completed transactions worth an estimated Rs 96,000 crore in 2021-22 under the National Monetisation Pipeline (NMP), surpassing the target of Rs 88,000 crore for the financial year.
National Monetisation Pipeline (NMP)
In India, the idea of asset monetisation was first suggested by the Vijay Kelkar committee(2012) on the roadmap for fiscal consolidation.
The Central Government announced the National Monetisation Pipeline (NMP) in August, 2021.
The project has been developed by NITI Aayog.
Objective:
  • To serve as a roadmap for the asset monetisation of several brownfield infrastructure assets across sectors.
  • The NMP targets to raise Rs 6 lakh crore through asset monetisation of the Central Government, over a four-year period, from FY22 to FY25.
Hence only statement 2 is correct.
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With reference to the National Monetisation Pipeline (NMP), consider the following statements:1. In India, the idea of asset monetisation was first suggested by theUrjit Patel committee (2012) on the roadmap for fiscal consolidation.2. The project has been developed byNITI Aayog.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?
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