Given below are two statements:
Statement I: The National Monetisation Pipeline (NMP) aims to raise Rs. 6 lakh crore by FY 2024-25.
Statement II: The NMP includes monetisation of assets in the education sector.
In the light of the above statements, choose the most appropriate answer from the options given below:
(A) Both Statement I and Statement II are correct
(B) Both Statement I and Statement II are incorrect
(C) Statement I is correct and Statement II is incorrect
(D) Statement I is incorrect and Statement II is correct
The correct answer is (C) Statement I is correct and Statement II is incorrect.
Explanation
- Statement I: The National Monetisation Pipeline (NMP) aims to raise Rs. 6 lakh crore by FY 2024-25. (Correct) This statement is correct. The Government of India launched the National Monetisation Pipeline (NMP) in August 2021. The plan outlines a four-year pipeline (from FY 2021-22 to FY 2024-25) to unlock value in brownfield infrastructure assets with an estimated monetisation potential of ₹6 lakh crore.
- Statement II: The NMP includes monetisation of assets in the education sector. (Incorrect) This statement is incorrect. The NMP is focused on monetising core infrastructure assets across sectors like Roads, Railways, Power, Oil & Gas Pipelines, Telecom, Aviation, Ports, and Warehousing. Social infrastructure sectors, including education and health, are explicitly excluded from the scope of the National Monetisation Pipeline.