Sunday, June 26, 2022
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PSU assets

Cabinet okays setting up of new PSU for monetisation of non-core PSU, govt assets

Synopsis: Setting the ball in motion on the Central government's asset monetisation plan, the Union Cabinet has approved the setting up of a new PSU — National Land Monetisation Corporation (NLMC) as a wholly owned Government of India company

Govt to soon set up a company for monetisation of privatisation-bound PSU assets

The Ministry of Finance will approach the Cabinet soon to seek a nod for the setting up of an SPV for transfer and monetisation of non-core, land assets of privatisation-bound PSUs

8 ministries line up assets worth Rs 2.48 lakh cr for monetisation

Work on preparing a National Monetisation Pipeline has started as eight ministries have submitted a list of assets worth Rs 2.48 lakh crore to the Niti Aayog for monetisation

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