Q. Consider the following Statements regarding the National Monetization Pipeline envisaged under the Union Budget 2021-22:
Which of the above statements are correct?
Q. Consider the following Statements regarding the National Monetization Pipeline envisaged under the Union Budget 2021-22:
Which of the above statements are correct?
The correct option is B 2 and 3 only
Explanation:
Statement 1 is incorrect: Union Budget 2021-22 has identified monetization of operating public infrastructure assets as a key means for sustainable infrastructure financing. NITI Aayog in consultation with infra line ministries has prepared the report on NMP. Monetization through disinvestment and monetization of non-core assets have not been included in the NMP.
Statement 2 is correct: Considering that infrastructure creation is inextricably linked to monetization, the period for NMP has been decided so as to be co-terminus with the balance period under National Infrastructure Pipeline (NIP).
Statement 3 is correct: The top 5 sectors (by estimated value) capture ~83% of the aggregate pipeline value. These top 5 sectors include Roads (27%) followed by Railways (25%), Power (15%), oil & gas pipelines (8%) and Telecom (6%).
Explanation:
Statement 1 is incorrect: Union Budget 2021-22 has identified monetization of operating public infrastructure assets as a key means for sustainable infrastructure financing. NITI Aayog in consultation with infra line ministries has prepared the report on NMP. Monetization through disinvestment and monetization of non-core assets have not been included in the NMP.
Statement 2 is correct: Considering that infrastructure creation is inextricably linked to monetization, the period for NMP has been decided so as to be co-terminus with the balance period under National Infrastructure Pipeline (NIP).
Statement 3 is correct: The top 5 sectors (by estimated value) capture ~83% of the aggregate pipeline value. These top 5 sectors include Roads (27%) followed by Railways (25%), Power (15%), oil & gas pipelines (8%) and Telecom (6%).
