The engagement entails the creation of an institutional structure for Asset Monetisation for the Government of Karnataka, the development of an Asset monetization Pipeline to enable Revenue/Fund generation through effective use of government. assets and strengthening the implementation of PPP policy.

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Engagement Highlights

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Recommendations

• Based on the Fellow’s inputs, integration of solar and wind farms as a basis for monetization has been included the state budget
• The Fellows office has made critical recommendations on the RFP on Public Asset Management Portal and led the technical analysis of the RFP
• A concept note has also been prepared for the Planning department to look into the monetization/PPP approach to connect approx. 3,000 villages with the Bus Services provided by KSRTC

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Data Monetization

The Fellow is now leading the efforts of the Planning office in Data Monetization. At this initial stage, the opportunity is being explored between the planning department and MapMyIndia. The MoU is expected to be finalized soon. 

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Evidence and Data Collection

The Fellows office prepared GIS maps of data collected through KSCRAC to help with hypothesis development for Asset Monetization. The team also compiled and presented a heat map of data collected so far by the planning department on Asset Monetization (assets worth INR 35,000 Crores)

A brief analysis report mapping the AWCs running in rented buildings in comparison with the unused assets data has also been prepared. 

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Initial Public Offering

The advisory committee with the Fellows inputs has shortlisted four PSU for a public offering. This will be further whittled down to two PSUs based on further analysis by consultants involved  and a proposal to Cabinet may be prepared for further approval.

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Other Initiatives

The Fellow’s office co-authored a chapter on Asset Monetization in the Economic Survey of Karnataka, 2021-22

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