What is in news : Finance Minister, unveiled a four-year National Monetisation Pipeline (NMP) scheme

Details :

• Scheme was launched with a Rs 6 lakh crore unlock value in brownfield projects.
• Engages the private sector.
• They will have the rights but not the ownership in projects.
• Scheme will be using the funds for infrastructure creation across India.
• Under the scheme, roads, railways and power sector assets would be comprising of more than 66 per cent of the total estimated value of the assets to be monetised.
• Rest of the estimated value will come from sector like mining, telecom, ports, aviation, natural gas, warehouses & stadiums and petroleum product pipelines.
• Real estate investment trusts (REITs) and infrastructure investment trusts (InvITs) are some of structures that will be used to monetise assets in roads and power sectors.