Indian Railways (IR) is likely to miss the monetisation targets in 2022-23. Owing to the subpar performance of IR in 2021-22, the targets for monetisation have been reduced from Rs 570 billion to Rs 300 billion in 2022-23. As of December 2022, in the first seven months of 2022-23, IR has monetised assets worth Rs 18.29 billion and has proposals close to Rs 32 billion likely to be transacted by the end of 2022-23.
In 2023-24, IR is expected to double its efforts to monetise stations, trains, and tracks on the dedicated freight corridors. Apart from this, IR is working with experts to come out with an Infrastructure Investment Trust (InvIT) in 2023-24.