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With respect to the National Monetisation Pipeline, consider the following statements:
1. The National Monetisation Pipeline (NMP) seeks to monetise both core (Roads, Railways, Ports etc.) and non- core assets (Land, buildings etc.) to raise money to finance infrastructure.
2. The NMP has been prepared by the Department of Investment and Public Asset Management (DIPAM).
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 'D'. Can you explain this answer?
Most Upvoted Answer
With respect to the National Monetisation Pipeline, consider the follo...
The Concept of National Monetization Pipeline (NMP): Asset Monetisation is defined as the transfer of core assets owned by the Government to the private sector for a limited period of time. The core infrastructure assets include roads, ports, airports, telecom, railways, warehousing, energy pipelines, power generation, power transmission, hospitality and sports stadiums. The NMP does not include monetization of non-core assets (such as land, buildings etc.). The NMP has been prepared by NITI Aayog.
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With respect to the National Monetisation Pipeline, consider the follo...
Explanation:

Statement 1:
- The National Monetisation Pipeline (NMP) indeed seeks to monetise both core (such as Roads, Railways, Ports, etc.) and non-core assets (like Land, buildings, etc.) to raise money to finance infrastructure projects in India.
- By monetising these assets, the government aims to unlock their value and utilise the funds generated for further infrastructure development.

Statement 2:
- The National Monetisation Pipeline (NMP) has been prepared by NITI Aayog, a policy think tank of the Government of India, and not by the Department of Investment and Public Asset Management (DIPAM).
- DIPAM primarily deals with the management and monetisation of central government-owned assets, but the NMP was formulated by NITI Aayog to outline the plan for monetising both core and non-core assets.
Therefore, as per the explanations provided above, neither Statement 1 nor Statement 2 is correct.
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With respect to the National Monetisation Pipeline, consider the following statements:1. The National Monetisation Pipeline (NMP) seeks to monetise both core (Roads, Railways, Ports etc.) and non- core assets (Land, buildings etc.) to raise money to finance infrastructure.2. The NMP has been prepared by the Department of Investment and Public Asset Management (DIPAM).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 'D'. Can you explain this answer?
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