Monetisation policy of India
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Monetisation policy of India
- 2. The Government has announced an ambitious programme of asset monetisation. It hopes to earn 6 trillion in revenues over a four year period. At a time when the Government’s Finances are in bad shape, that is money the Government can certainly use. Getting asset monetisation right is quite a challenge, though. In asset monetisation, the Government parts with its assets — such as roads, coal mines — for a Specified period of time in exchange for a lump sum payment. At the end of the period, the assets return to the Government. Unlike in privatisation, no sale of government assets is involved.