National Monetisation Pipeline scheme Current Affairs, GK & News
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 ..
Month: Current Affairs - August, 2021
Category: Economy & Banking Current Affairs
Topics: Anchorage Infrastructure Investment Holding (AIIH) Ltd. • Brownfield Project • National Monetisation Pipeline (NMP). • National Monetisation Pipeline scheme • UPSC
FM launched ‘National Monetisation Pipeline’ scheme
Finance Minister, Nirmala Sitharaman, unveiled a four-year National Monetisation Pipeline (NMP) scheme on August 23, 2021. About NMP scheme Scheme was launched with a Rs 6 lakh crore unlock value in brownfield projects. It also engages the private sector. They will have the rights but not the ownership in projects. Scheme will be using the ..
Month: Current Affairs - August, 2021
Category: Economy & Banking Current Affairs • Government Schemes Current Affairs
Topics: Brownfield Project • infrastructure investment trusts (InvITs) • National Monetisation Pipeline scheme • Nirmala Sitharaman • Real estate in India • Real estate investment trusts (REITs)