National Land Monetisation Corporation Current Affairs, GK & News

National Land Monetisation Corporation

February 2, 2022

According to Economic Survey, central government has set up a “National Land Monetisation Corporation” in a bid to FastTrack the monetisation of land and non-core assets of public sector entities. Key Facts As of now, CPSEs have referred 3,400 acres of land and other non-core assets for monetisation. Lands have been referred from CPSEs including ..

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Recent Update on National Land Management Corporation (NLMC)

July 25, 2022

In order to operationalise National Land Management Corporation (NLMC), Central government has appointed a joint secretary to the Department of Public Enterprises (DPE). He will work as an interim chief executive officer (CEO) of special purpose vehicle. He will monetise the surplus land and buildings of public sector undertakings (PSUs). Sanjay Kumar Jain has been appointed as ..

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Recent Cabinet Approval

March 10, 2022

The Union Cabinet has approved the creation of a new company to monetize and hold surplus buildings and lands of PSUs and government agencies that are being shut down or being privatized. Overview: The National Land Monetisation Corporation (NLMC), the name given to this special purpose vehicle (SPV), will be set up as a wholly-owned ..

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