"Boon If We Monetise Assets To Create New Assets"

Under the National Monetisation Pipeline, the government will monetise assets worth Rs 1.6 lakh crore from the roads sector, Rs 1.5 lakh crore from the railway sector and Rs 79,000 crore from the power sector. On being asked if the National Monetisation Pipeline will be a boon or a curse, Nilesh Shah, Managing Director of Kotak Mahindra Asset Management Co. Ltd, tells NDTV that "it is a boon if we monetise assets to create new assets, it is a curse if we monetise our assets to fund revenue expenditure".