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 …
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 …
MUMBAI : The government’s ambitious ₹6 trillion monetization programme will be kicked off by leasing out more than 2,229km of gas pipelines of GAIL Ltd to the private sector, a person directly aware of the development said. In a recent presentation, government think tank NITI Aayog said GAIL has contributed to the growth and development of the gas pipeline infrastructure …
