TNPSC Thervupettagam

National Land Monetization Corporation

March 12 , 2022 858 days 586 0
  • The Union Cabinet has approved the setting up National Land Monetization Corporation (NLMC) as a wholly-owned Government of India company.
  • NLMC will undertake monetization of surplus land and building assets of Central Public Sector Enterprises (CPSEs) and other Government agencies.
  • At present, CPSEs hold a considerable surplus, unused, and underused non-core assets in the nature of land and buildings.

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