In a bid to enhance rental income and safeguard its assets, the government of Karnataka has issued a draft notification for the Bruhat Bengaluru Mahanagara Palike Estate Management Rules 2024. BBMP will be permitted to sell its properties exclusively to government departments, public sector undertakings, and government-owned organisations, subject to prior approval from the government of Karnataka. This structured leasing …
The story so far: On August 23, Finance Minister Nirmala Sitharaman announced the National Monetisation Pipeline, which is expected to fetch around ₹5.96 lakh crore to the government. Following through on the Budget’s plan to monetise public assets to fund fresh capital expenditure on infrastructure, the government released a list of projects and facilities to be offered to private investors …
BUDAPEST, Hungary — Hungary’s parliament on Tuesday voted to transfer state assets worth billions of dollars into foundations that will control many of the country’s public universities and cultural institutions, a move opposition figures have decried as a theft of public funds. Passed by the governing coalition’s two-thirds majority in parliament, the decision placed 11 universities under the control of …
