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Trade unions to protest against National Monetisation Pipeline today

According to the government vision, NMP is envisaged to serve as a medium-term roadmap for identifying potential monetisation-ready projects. (Photo via Niti Aayog) A joint platform of trade unions is scheduled to hold protests on Thursday against the National Monetisation Pipeline (NMP), a scheme introduced by the central government to raise as much as $81 billion by leasing out state-owned infrastructure assets over the next four years. According to the Union ministry of finance, the NMP will help fund new capital expenditure without putting pressure on government finances. However, the trade unions call the plan a “destructive” and “nefarious […]

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