Govt gets moving on monetising surplus realty
NEW DELHI: National Land Monetisation Corporation Limited (NLMC), a fully-owned govt company, has recommended monetising surplus land and building assets valued at over Rs 5,000 crore.The move comes as Centre seeks to raise more resources to meet the requirements of higher spending during the current fiscal year."The proposals cover surplus land and building assets identified for monetisation and represent a significant step towards advancing the govt's objective of unlocking the value of underutilised and surplus assets," an official statement said after the company's board…
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in