Register Now

Login

Lost Password

Lost your password? Please enter your email address. You will receive a link and will create a new password via email.

Add post

You must login to add post .

Add question

You must login to ask question.

Login

Register Now

Lorem ipsum dolor sit amet, consectetur adipiscing elit.Morbi adipiscing gravdio, sit amet suscipit risus ultrices eu.Fusce viverra neque at purus laoreet consequa.Vivamus vulputate posuere nisl quis consequat.

Guidelines for Monetisation of Non-Core Assets of CPSEs -GK Dose

Guidelines for Monetisation of Non-Core Assets of CPSEs -GK Dose

The Department of Investment and Public Asset Management (DIPAM) has issued the guidelines for monetisation of non-core assets of Central Public Sector Enterprises (CPSEs) and immovable enemy properties.

Guidelines for Monetisation of Non-Core Assets

  • An inter-ministerial group chaired by the secretary of DIPAM will identify the non-core assets of the CPSEs on its own and also on the basis of recommendations of the Niti Aayog.
  • The final call will be taken by the Finance minister-headed panel.
  • Once the panel approves the assets for monetisation, it should be completed within 12 months from the date of approval, failing which the finance ministry may restrict budgetary allocations to the CPSEs.
  • CPSEs can also seek relaxation from the inter-ministerial group of the 12-month deadline for sale of non-core assets.
  • In case of immovable enemy properties, the guidelines said that the assets would be identified for disposal in consultation with the stakeholders including the respective state governments.

The amount raised through the sale of non-core assets would form part of the disinvestment proceeds. The government has set a target of Rs 90,000 crore to be raised through CPSE disinvestment in the current financial year.

About JAYANT SRIVASTAVA

Hello Everyone, Am happy to start this project which is Completely a free service. Though am not a mentor, Am just doing this for my self satisfaction and for supporting the Financially Backward. I think you all understand my intention in creating this and ultimate purpose of this blog is providing free material for the needy people. Coming to UPSC Preparation, people created assumptions like UPSC is the toughest exam and You can’t clear it unless you join a coaching. By this false statements economically backward Students are dropping their aspirations even before they start. To wipe out all those assumptions, I have started this. Here, all materials which are important for clearing UPSC will be shared for free of cost, yes this is completely free and we are doing this to serve the poor who can’t afford the coaching institutions. Join us on Telegram also...

Follow Me

Leave a reply

Captcha Click on image to update the captcha .