QUESTION MARK OVER MONETISATION OF PUBLIC ASSETS
2021-02-16 03:49 -Union Government’s proposal to monetize some vital public assets to reduce its public debt and to enhance infrastructural development for faster growth of the nation, as announced by Finance Minister in the General Budget 2021-22 in Parliament on February 1, 2021, is difficult to implement in view of the resistance from the States as land comes in the State List of the Constitution of India and without their concurrence and sharing the proceeds from monetization with them (State concerned) Central Government will find it impossible to monetise impugned assets with it.