NLMC Current Affairs, GK & News

Recent Cabinet Approval

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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National Land Monetization Corporation

On 9th March 2022, the Union Cabinet chaired by PM Modi has approved the setting up National Land Monetization Corporation (NLMC). About NLMC NLMC was first proposed in the Union Budget 2021-22 by Finance Minister Nirmala Sitharaman. NLMC will now be set up as a wholly-owned Government of India company. NLMC will be under the ..

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