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India’s National Monetization pipeline scheme, how will it affect a common man?

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On Aug 23rd India’s finance minister Nirmala Sitharaman announced the National Monetization pipeline scheme. This scheme is about core government assets monetization and is expected to earn 6 lakh crores in the next 4 years.

Why Monetize the government assets

  • Increase overall government earnings
  • Boost Infrastructure of our country
  • Boost India’s economy
  • Better untilization & monetization of government assets

Let’s see what are the advantages and disadvantages of this scheme to a common man

Advantages

  • New employment opportunities will open up under these assets
  • This 6 lakh crores will be invested in infrastructure which will boost India’s economy and generate more employment
  • Overall improvement in the facilities and user experience of these assets
  • As a consumer, we will get a better quality product & service

Disadvantages

  • The prices of the goods & services will be increased
  • There will be an increase in taxes like road tax, toll tax etc
  • As private players are focused on profits, there can be differences in facilities and services depending on the demand
  • The government has not declared any policies or laws for this scheme
  • This scheme can create a monopoly in these sectors.

Conclusion

This is yet another good idea, just it should not be a bad implementation. Let’s wait for next year’s budget to see whether the achievement of the National monetization pipeline scheme projections has been achieved FY22.

National Monetization pipeline scheme, government assets monetization

Here is a complete PDF about the scheme

https://www.niti.gov.in/sites/default/files/2021-08/Vol_2_NATIONAL_MONETISATION_PIPELINE_23_Aug_2021.pdf

About Post Author

Girish

Hello Guys I am a website developer by profession but is always keen on learning new things. I have been investing in Mutual funds, stock market for the past few years because of which I have gained good knowledge. I started my entrepreneur journey in 2019 which lead me to learn more things as I am moving forward. I always love to share whatever I learn. Always had a craze for cars from my childhood, which inspired me to start this website.
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Girish

Hello Guys I am a website developer by profession but is always keen on learning new things. I have been investing in Mutual funds, stock market for the past few years because of which I have gained good knowledge. I started my entrepreneur journey in 2019 which lead me to learn more things as I am moving forward. I always love to share whatever I learn. Always had a craze for cars from my childhood, which inspired me to start this website.

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