Centre Should Reveal National Monetisation Pipeline Objectives: P Chidambaram

P Chidambaram posed 20 questions to the Narendra Modi-led government and said his Congress party has "objections and reservations" about NMP and the government''s proposal to monetise identified assets and earn revenue of Rs 6 lakh crore over four years.

Former Union finance minister P Chidambaram on Friday demanded that the Centre reveal the objectives of the National Monetisation Pipeline (NMP) and if its sole objective was raising revenue over a four-year period. Addressing a press conference, Mr Chidambaram posed 20 questions to the Narendra Modi-led government and said his Congress party has "objections and reservations" about NMP and the government''s proposal to monetise identified assets and earn revenue of Rs six lakh crore over four years. He said the identified assets must be currently yielding a certain revenue every year. "Has the government calculated the difference between the current undisclosed revenue and the expected revenue of Rs six lakh crore over four years? If so, what is the difference between the two amounts every year during the four years," he asked.