PIB digest for Thursday, 5 November

IMG Recommends Asset Monetisation Proposals Worth ₹1,100 Crore

Ministry of Finance · Economy · Posted 05 NOV 2026 1:16PM

What happened

The Inter-Ministerial Group recommended asset monetisation proposals worth over ₹1,100 crore concerning surplus land and building assets of CPSEs for approval by the Cabinet-delegated Alternative Mechanism. The initiative is facilitated by the National Land Monetization Corporation to unlock public asset value and support economic development.

Why it matters for UPSC

This initiative is crucial for UPSC aspirants studying public sector asset management, infrastructure financing, and economic development through efficient resource mobilization under the Indian economy syllabus.

Key objectives

  1. IMG recommended asset monetisation proposals valued at over ₹1,100 crore involving surplus land and building assets of CPSEs.
  2. Proposals will be placed before the Cabinet-delegated Alternative Mechanism for consideration and approval.
  3. NLMC facilitates monetisation of surplus land and non-core assets of CPSEs as a wholly owned Government company under the Department of Public Enterprises.
IMG Recommends Asset Monetisation Proposals Worth ₹1,100 Crore | IAS Labs by Aptness.ai