Monetization of non-core assets including land, real estate and infrastructure is being transferred from the department of investment and public asset management to the department of public enterprises within the finance ministry. According to four people aware of the development, the transition has begun with the first step being the National Land Monetisation Corporation set up for monetizing non-core land …
State-run telecom firm MTNL has started the process to monetise assets worth ₹23,000 crore as it aims to turn profitable in the next fiscal year, a top official of the company said on Thursday. The company has already submitted plans to the Department of Investment and Public Asset Management to monetise ₹6,200 crore worth assets that include 36 acres of …
New Delhi: The DIPAM has raised objections to the list prepared by Niti Aayog for monetising assets of CPSEs, saying the stipulated procedure, including consultation with administrative ministries and other government departments, should be followed before finalising such lists. Following this, the DIPAM wrote to Niti Aayog saying that the government think tank should follow the procedure and mechanism for …
The Department of Investment and Public Asset Management Monday issued the guidelines for monetisation of non-core assets of CPSEs and immovable enemy properties New Delhi: State-run companies will have 12 months to monetise non-core assets identified by a ministerial panel headed by the finance minister, failing which the finance ministry may restrict budgetary allocations to the CPSEs. The Department of …
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