New Delhi, Feb. 24 -- The government's asset monetisation initiative under the National Monetisation Pipeline (NMP) 2.0, launched by finance minister Nirmala Sitharaman on Monday, is expected to increase India's GDP by approximately Rs 40 lakh crore over the next 5-10 years, noted a report by NITI Aayog.

The report highlighted that asset monetisation is expectedto play a key role in boosting infrastructure investment and supporting economic growth by unlocking value from existing public assets and reinvesting the proceeds into new infrastructure projects.

Mentioning about the entire monetization plan the report stated "it is expected to increase the country's GDP by approximately INR 40 Lakh Crore (over the next 5-10 years)".

According...