From The New Indian Express
Center Owned by Express Publications (Madurai) Ltd.Govt panel recommends monetisation of CPSE assets worth over Rs 1,100 crore
What's behind this
A government panel, identified as the Inter‑Ministerial Group, has recommended that surplus assets of Central Public Sector Enterprises—specifically land and buildings—be monetised, with the value of the assets exceeding ₹1,100 crore. The proposal seeks approval through an alternative mechanism and is presented as part of the government’s broader FY‑27 asset‑monetisation drive, which has been reinforced by recent NLMC land auctions. The recommendation aligns with the Centre’s ongoing efforts to monetise surplus CPSE holdings.
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What each side is saying
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center · 1 outlet
An inter-ministerial group (IMG) has recommended the monetisation of surplus land and building assets worth over Rs 1,100 crore belonging to Central Public Sector Enterprises (CPSEs), marking a step forward in the government's efforts to unlock the value of underutilised public assets. The group…
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right · 1 outlet
The Inter-Ministerial Group has recommended monetising over ₹1,100 crore worth of surplus CPSE land and buildings for approval by an alternative mechanism. This move aligns with the government's broader FY27 asset monetisation drive, bolstered by recent NLMC land auctions.
— Livemint
RSS excerpt
An inter-ministerial group (IMG) has recommended the monetisation of surplus land and building assets worth over Rs 1,100 crore belonging to Central Public Sector Enterprises (CPSEs), marking a step forward in the government's efforts to unlock the value of underutilised public assets. The group…