• Skip to main content
  • Skip to primary sidebar
  • Startups
  • News
    • PC Bypoll 2021
    • Loksabha 2019
    • Assembly Elections
      • Search Name in Voters List
      • Know UR Polling Booth
    • Business
    • Letters to Editor
    • Vishwa Kannada Sammelana
    • Education
      • Did u know this
  • Infra
    • Real Estate
  • Lifestyle
    • History
      • Old Photos
      • Then & Now
    • Travel
    • Picnic spots
    • Ganesh Darshan
    • Food & Drink
    • Movies
    • ULB Polls
  • Specials
    • Stars of Belagavi
    • Trivia
    • Sports
  • City Guide
    • Weather
    • Air
    • Train
    • Bus
    • FAQ
    • IT Companies
    • KLE Centenary
    • iamBelagavi
    • Bapu – Bittoo
  • Food
  • Jobs
  • Covid19
All About Belgaum

All About Belgaum

Belagavi - Belgaum Latest News Online

belagavi
belagavi

Hire Bagewadi to Kognoli NH identified for monetization

Aug 25, 2021 by Editor Aug 25, 2021 Leave a Comment

belagavi

Under the ambitious national asset monetization plan, road assets worth Rs 1.60 lakh crore will be monetized over four years till Financial Year 2025 as announced by Finance Minister Nirmala Sitharaman on Monday.

A total of 100 kms stretch has been identified near Belagavi in 2 sections – KEY NH STRETCHES TO BE MONETISED OVER FY 2022-2025
In the same a 78 kms stretch Maharashtra/Karnataka border to Belagavi Karnataka has also been included.

Hattargi – Hirebagewadi Karnataka 22

The Union Finance Minister said the asset monetisation does not involve land selling and it is about monetizing brownfield assets. The Union Ministry of Road Transport and Highways and the National Highways Authority of India (NHAI) will implement the road assets monetisation. Niti Aayog CEO Amitabh Kant was quoted in a PTI report saying the road asset monetisation’s potential models would be Toll Operate Transfer (ToT) and Infrastructure Investment Trust (InvIT). The Toll Operate Transfer is one of the main models for monetization, employed successfully in the road sector both by state as well as central entities.

Hattargi-Toll-Plaza

India’s National Infrastructure Pipeline (NIP) envisages an infrastructure investment of Rs 111 lakh crore over the five-year period (FY 2020-25). Financing of infrastructure investments at such scale necessitates a re-imagined approach and tapping alternative financing through innovative ways. As estimated by the Report of Task Force for NIP (2019), traditional sources of capital are expected to finance 83–85%1 of the capital expenditure envisaged under NIP. About 15- 17% of the aggregate outlay is expected to be met through innovative mechanisms such as Asset Recycling & Monetisation and new long-term initiatives such as Development Finance Institution (DFI).

Creation of National Monetisation Pipeline (NMP) is Government of India’s pioneering initiative to establish a medium-term pipeline along with a roadmap for “monetisationready” assets. Developed in the backdrop of the unprecedented Covid-induced economic and fiscal shocks, NMP lists out assets and asset classes, under various infrastructure ministries, which will be monetised over a period of time. NMP provides ‘visibility’ on the volume of assets to be monetised and the potential value that can be unlocked. The Government’s commitment to scale up infrastructure investments despite the fiscal pressures reflects the critical role of infrastructure on the overall economic growth and recovery and expected multiplier effect. NMP shall also serve as a medium – term roadmap of the potential financing opportunities and drive preparedness of public sponsor as well as private sector/ institutional investors towards financing the infrastructure gap.

belagavi
Follow us on Google News google news belagavi

About Editor

Writes about the cozy town of Belagavi and captures all the important happenings of the city. Since 2007 have been writing on AllaboutBelagum on varied topics and impactful stories.

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Search

June 2022
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
27282930  
« May    

About Us  |  Contact us  | Advertise  |  Terms