Highlights Union Cabinet on Mar 9 approved setting up of National Land Monetisation Corporation It's to monetise surplus land, buildings of PSUs, that are being sold off or are on verge of closure NLMC to be set up as a wholly-owned government of India company, said an official statement The Union Cabinet on Wednesday approved the setting up of a …
The national monetization plan that envisages the lease of several government-owned properties and infrastructure to private operators is brilliant if considered in isolation. If we are brutally honest with ourselves, then this step could act as the first of many steps towards a general privatization of government assets. However, if the government gets this wrong, the consequences would be disastrous …
