The first consultative meeting on asset monetization was held here yesterday, organized by Department of Investment and Public Asset Management (DIPAM) in partnership with World Bank. Shri Anurag Thakur, Minister of State for Finance and Corporate Affairs inaugurated the  meeting held through video conferencing  and was attended by the Country Director World Bank, CEO Niti Ayog, Secretary (DIPAM) and senior officers of Central Ministries/Departments/Authorities. The meeting also had a large representation of State Governments and CPSEs.

Asset monetization is a stated objective of the Government and DIPAM is mandated to facilitate monetization of non-core public assets. The monetization process is complex and requires close cooperation and collaboration with all stakeholders. The meeting provided a platform for such an engagement.

Several key issues were discussed in the meeting in the presence of all stakeholders. Both global and domestic perspective, best practice and experience was shared. The meeting ended with a set of key takeaways which will assist in developing capacity and guidance on asset monetization and accelerating the process.

Asset monetization to accelerate public non-core asset transfers through stakeholder collaboration and enhanced guidance. DIPAM, partnered with the World Bank, led a consultative meeting on asset monetization to advance monetization of non-core public assets. Attended by central and state officials and CPSEs, the meeting stressed the complexity of monetization and the need for coordinated stakeholder engagement. It combined global and domestic best practices and concluded with key takeaways to guide capacity building, operational guidance, and process improvements to accelerate monetization and enhance public asset management.