Asset monetisation must not be viewed as a funding mechanism, but as a strategy to implement a paradigm shift in infrastructure (infra) augmentation and maintenance, Finance Minister Nirmala Sitharaman said on Tuesday. The government’s push to asset monetisation is based on the objective of value creation for both the government and investors, Sitharaman said at the national workshop with states and Union Territories (UTs) on asset monetisation. Creating value and improving productivity of infra assets can be done using innovative instruments, she said. Around 300 participants from states and UTs attended the workshop organised by the Department of Economic Affairs and NITI Aayog. Monetisation of core and non-core assets was the theme of the workshop, and a presentation was made on the same, including the modalities with which assets of public sector undertakings (PSUs) can be monetised.
Karnataka Ranks First On NITI Aayogâs India Innovation Index Yet Again
by Swarajya Staff - Jan 21, 2021 12:54 PM
Karnataka Chief Minister B S Yediyurappa.
Snapshot Karnataka has topped NITI Aayogâs India Innovation Index two years in a row.
Karnataka has retained its position as the most innovative state in the country as per think tank NITI Aayogâs India Innovation Index.
âThe state has achieved top ranking in the list released by NITI Aayog on Wednesday. The state is able to maintain the leading position despite new indicators were added as parameters this time, major being the expenditure by states on R&D and new business registration in the state,â said Deputy Chief Minister Dr C N Ashwatha Narayana, who also holds the Information Technology portfolio.