<h4>Overview of National Monetisation Pipeline (NMP) Performance</h4><p>The <strong>National Monetisation Pipeline (NMP)</strong> is a strategic initiative by the Government of India to unlock value from existing public infrastructure assets.</p><p>Its primary objective is to generate significant revenue to fund new infrastructure creation by engaging the private sector in the operation and maintenance of brownfield assets.</p><h4>Overall Revenue Generation (FY21-FY24)</h4><p>The <strong>NMP</strong> has shown substantial progress in its initial three years, covering the period from <strong>FY21</strong> up to <strong>FY24</strong>.</p><p>It has successfully generated considerable revenue, largely achieving its adjusted targets and contributing to the nation's infrastructure development goals.</p><div class='info-box'><ul><li><strong>Total Revenue Generated (FY21-FY24):</strong> <strong>Rs 3.9 trillion</strong></li><li><strong>Original Target (FY21-FY24):</strong> <strong>Rs 4.3 trillion</strong></li><li><strong>Achievement:</strong> Most of its adjusted targets were met during this period.</li></ul></div><h4>Exceeding Expectations: Successful Sectors</h4><p>Several sectors have demonstrated exceptional performance, significantly surpassing their initial monetisation targets under the <strong>NMP</strong> framework.</p><p>This success underscores the potential for effective private sector involvement in specific asset categories.</p><div class='key-point-box'><p>The <strong>Ministry of Coal</strong> has emerged as a top performer, considerably exceeding its four-year monetisation goals.</p></div><div class='info-box'><ul><li><strong>Ministry of Coal:</strong><ul><li><strong>Revenue Raised:</strong> <strong>Rs 1.54 trillion</strong></li><li><strong>Four-Year Target:</strong> <strong>Rs 80,000 crore</strong></li><li><strong>Performance:</strong> Far exceeded expectations, showcasing robust monetisation.</li></ul></li><li><strong>Mines Monetisation (Additional):</strong><ul><li><strong>Amount Monetised:</strong> <strong>Rs 42,000 crore</strong></li><li><strong>Revised Target:</strong> <strong>Rs 7,500 crore</strong></li><li><strong>Performance:</strong> Surpassed the revised target, indicating strong asset value.</li></ul></li></ul></div><h4>Sectors Falling Short: Lagging Performance</h4><p>Despite the overall positive trend, some key sectors have struggled to meet their monetisation targets, highlighting specific challenges in implementation or asset attractiveness.</p><p>These underperforming sectors require strategic interventions and policy adjustments to enhance their contribution to the <strong>NMP</strong>.</p><div class='exam-tip-box'><p>UPSC questions often assess a balanced view of government initiatives. Understanding <strong>lagging sectors</strong> is crucial for a comprehensive analysis of the <strong>NMP's</strong> effectiveness.</p></div><div class='info-box'><ul><li><strong>Ministry of Railways:</strong><ul><li><strong>Monetised Assets (3 years):</strong> <strong>Rs 20,417 crore</strong></li><li><strong>Achievement:</strong> Only <strong>36%</strong> of its revised target.</li><li><strong>Status:</strong> Despite being a major focus area, it is significantly lagging.</li></ul></li><li><strong>Warehousing Sector:</strong><ul><li><strong>Monetised Assets:</strong> <strong>Rs 8,000 crore</strong></li><li><strong>Achievement:</strong> <strong>38%</strong> of its target.</li></ul></li><li><strong>Civil Aviation Sector:</strong><ul><li><strong>Targeted Asset Base:</strong> <strong>Rs 2,600 crore</strong></li><li><strong>Achievement:</strong> Monetised only <strong>14%</strong> of its target (approx. <strong>Rs 364 crore</strong>).</li><li><strong>Status:</strong> Lagging significantly, indicating substantial hurdles.</li></ul></li></ul></div>