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Thursday, December 26, 2024 | 07:43 PM ISTEN Hindi

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Road ministry drives Centre's asset monetisation with Rs 10,273 cr mop-up

The asset monetisation target for the road ministry is Rs 30,000 crore, and the ministry had already monetised assets worth Rs 17,000 crore when the NMP was launched

Construction of the Kanpur-Lucknow expressway is expected to start from December this year, as nearly 70 per cent of the land acquisition is complete.
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Representative picture.

Nikunj Ohri
The Ministry of Roads, Transport and Highways has managed to mop up over Rs 10,273 crore as part of the Centre’s National Asset Monetisation Pipeline. The monetisation by various ministries so far has been Rs 26,806 crore with another Rs 15,000-16,000 crore to be realised soon by the roads ministry, said an official.

The Centre had set a target of Rs 88,000 crore for the current financial year, out of its Rs six trillion pipeline

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