New Delhi: Union Finance Minister Smt. Nirmala Sitharaman launched National Monetisation Pipeline 2.0 with an estimated monetisation potential of ₹16.72 lakh crore for FY 2026–2030.
Developed by NITI Aayog in consultation with infrastructure ministries, National Monetisation Pipeline 2.0 follows the Asset Monetisation Plan 2025–30 announced in the Union Budget 2025-26. The pipeline includes private sector investment of ₹5.8 lakh crore over five years.
At the launch, Sitharaman said the initiative aligned with the Viksit Bharat mission and would accelerate infrastructure development. She noted that ministries achieved nearly 90% of the ₹6 lakh crore target under NMP 1.0 over four years. Therefore, she urged departments to apply lessons from the first phase and simplify processes.
She said asset monetisation enabled recycling of productive public assets and unlocked funds for new capital expenditure. In addition, she stressed that monetisation reduced budgetary pressure while improving infrastructure quality.
Sector targets under National Monetisation Pipeline 2.0
The total monetisation value under National Monetisation Pipeline 2.0 stands at ₹16.72 lakh crore. Highways, including MMLPs and ropeways, account for ₹4.42 lakh crore, or 26% of the total. Railways and ports each contribute around 16%, while power accounts for 17%.
Coal and mines together form a significant share, with ₹2.16 lakh crore and ₹1 lakh crore respectively. Other sectors include civil aviation, petroleum and natural gas, warehousing, telecom, tourism and urban infrastructure.
Annual phasing begins at ₹2,49,493 crore in FY26 and rises to ₹3,81,208 crore by FY30. The largest share of proceeds is expected to accrue to the Consolidated Fund of India. Direct private investment forms the second-largest component.
Sitharaman said the five-year target was over 2.6 times higher than NMP 1.0. She asked ministries to surpass the indicated targets through proactive steps. An empowered Core Group of Secretaries on Asset Monetisation, chaired by the Cabinet Secretary, will monitor progress.
The framework follows earlier principles such as limited-period asset transfer, divestment of listed entities, securitisation of cash flows and commercial auctions. Officials stated that the monetisation values remain indicative and may vary at the time of transactions.
