Asset monetisation must not be viewed as a funding mechanism, but as a strategy to implement a paradigm shift in infrastructure (infra) augmentation and maintenance, Finance Minister Nirmala Sitharaman said on Tuesday.
The government’s push to asset monetisation is based on the objective of value creation for both the government and investors, Sitharaman said at the national workshop with states and Union Territories (UTs) on asset monetisation. Creating value and improving productivity of infra assets can be done using innovative instruments, she said.
Around 300 participants from states and UTs attended the workshop organised by the Department of Economic Affairs and NITI