Pipelines of GAIL, IOC and HPCL to be monetised

February 01, 2021 11:42

Other allocations/announcements made by Finance Minister Sitharaman are:

PLI scheme with outlay of Rs 1.97 lakh crore for 5 years starting this fiscal. A scheme of mega investment textiles park in addition to PLI scheme will be launched.

Government to introduce bill to set up development financial institution with an outlay of Rs 20,000 cr.

National monetisation pipeline for potential brownfield infrastructure assets will be launched.

Pipelines of GAIL (India) Ltd, Indian Oil Corp (IOC) and HPCL will be monetised.

Railway to monetise dedicated freight corridors.

Voluntary vehicle scrapping policy to phase out old vehicles; fitness tests after 20 yrs for personal vehicles.

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