New Delhi, Feb. 23 -- Finance minister Nirmala Sitharaman on Monday released a blueprint for the second phase of India's public asset monetization, which mostly involves handing over assets like airports, highways and mines to the private sector for a defined period for redevelopment. The exercise will mobilize Rs.10.82 trillion by fiscal year 2030 (FY30) and another Rs.5.9 trillion during the entire concession period of the asset under private sector management.

The pipeline prepared by Niti Aayog marks a significant jump in scale compared to the first such asset monetization pipeline implemented in the FY22-25 period with a target of Rs.6 trillion.

Niti Aayog chief executive B.V.R. Subrahmanyam explained at a select media briefing tha...