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March 09, 2021 Finance Minister Nirmala Sitharaman (file photo)   -  PTI× Finance Minister Nirmala Sitharaman on Tuesday said that asset monetisation needs to be viewed not just as a funding mechanism, but as an overall strategy for bringing about a paradigm shift in infrastructure augmentation and maintenance. She was chairing the National Workshop with States and Union Territories on Asset Monetisation organised by NITI Aayog. It may be noted the Budget for FY22 has laid great emphasis on asset monetisation. “Asset monetisation is based on the principle of value creation for government and investors. Our vision for infrastructure is ultimately of, for and by our States. Without whose collaboration, holistic development of infrastructure is neither feasible nor impactful,” she said.

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