National Monetisation Pipeline (NMP). Current Affairs, GK & News

ICRA revises FY22 GDP Growth Forecast to 9%

Ratings agency ICRA has revised its real GDP growth forecast for India on September 27, 2021 for Financial Year 2022 (FY22). Its GDP forecast has changed from 8.5% to 9 per cent. Highlights ICRA credited the upward revision in the GDP to the brightening prospects for second quarter of FY22 which is expected to benefit ..

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Cabinet approved Rs 15,000 Crore NMP-linked FDI Proposal

The Cabinet Committee on Economic Affairs approved a foreign direct investment (FDI) proposal on August 25, 2021 to invest up to Rs 15,000 crore in Anchorage Infrastructure Investment Holding (AIIH) Ltd. Key Facts Anchorage Infrastructure Investment Holding is a firm that incorporated to invest in infrastructure and construction development sectors of India. This investment will ..

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The Ashok and 7 other ITDC hotels to be monetised

Under the government’s target of monetising “under-utilized public sector assets”, ‘The Ashok’ 5-star hotel will be leased out to private operators in four years. Key points The Ashok and the Hotel Samrat are among eight India Tourism Development Corporation (ITDC) properties that Finance Minister Nirmala Sitharaman listed in the National Monetisation Pipeline (NMP). Under the ..

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