2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Rs 1.38 trillion
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Rs 1.62 trillion
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Rs 1.44 trillion
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Rs 1.54 trillion
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Detailed explanation-1: -The government has monetised assets worth Rs 33,422 crore under the National Monetisation Pipeline (NMP) in 2022-23 so far, with the Coal Ministry leading the list by raising Rs 17,000 crore.
Detailed explanation-2: -NMP’s second year, ie FY23’s target is projected at Rs 1.6 lakh crore (27 percent of the overall NMP target) under Core-Asset Monetisation.
Detailed explanation-3: -The Centre’s National Monetisation Pipeline (NMP) could fall short of yearly target of Rs. 1.6 trillion for 2022-23 by around Rs. 500 billion, as per a report in Financial Express.
Detailed explanation-4: -As against the FY23 NMP target to generate Rs 1.62 trillion in revenues and investments, officials indicted that the shortfall could be about Rs 50,000 crore.
Detailed explanation-5: -Asset Monetization involves creation of new sources of revenue by unlocking the value of the otherwise unutilized or underutilized public assets. It is globally recognised that public assets are a significant resource for the economy.