Mumbai: Tuhin Kanta Pandey, the head of the capital markets regulator Sebi, emphasized on Thursday the necessity to expedite the monetisation of government-owned assets in sectors like railways, roads, airports, and energy to attract more investor funding into these projects. Pandey, a former head of the Department of Investment and Public Asset Management, expressed concern that many state governments have yet to establish plans for asset monetisation. He highlighted that filling this gap could enhance infrastructure development by unlocking resources. He noted that infrastructure demands substantial capital, and it is essential that the government and banks do not shoulder this responsibility alone, advocating for capital markets as a viable alternative for resource mobilization.
