New Delhi: Finance Minister Nirmala Sitharaman on August 23 unveiled an ambitious Rs 6 lakh crore National Monetisation Pipeline (NMP) that included unlocking value by involving private companies across infrastructure sectors -- from passenger trains and railway stations to airports, roads and stadiums. Projects have been identified across sectors, with roads, railways and power being the top segments. Here's all about Modi govt's Rs 6 lakh crore monetisation plan. A total of 400 stations, 90 passenger trains, railway stadiums and colonies, and the famed Konkan and hill railways are among the assets identified by the government for monetisation. Railway is the second biggest sector, after road, identified in the ambitious national monetisation plan. Monnetisation of railways' brownfield infrastructure assets would garner over Rs 1.52 lakh crore in four years till fiscal 2025. Railway assets would contribute 26 per cent of the Rs 6 lakh crore National Monetisation Pipeline (NMP).
Mumbai: Equity benchmark Sensex jumped over 200 points to scale a fresh intra-day record in early trade on Wednesday, tracking gains in index majors HDFC, Reliance Industries and ICICI Bank. After touching a lifetime high of 56,188.49 in the opening session, the 30-share index was trading 211.23 points or 0.38 per cent higher at 56,170.21. Similarly, the broader NSE Nifty advanced 67.75 points or 0.41 per cent to 16,692.35. Tata Steel was the top gainer in the Sensex pack, rising around 1 per cent, followed by NTPC, L&T, HDFC, Nestle India, ICICI Bank and Bajaj Finserv. On the other hand, Titan, Tech Mahindra, HCL Tech, Asian Paints and Dr Reddy's were among the laggards.