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Cpses To Get 12 Months To Sell Non-core Assets, Failure May Restrict Budgetary Allocations

by businesstoday.in posted 1year ago 24 views
DIPAM on Monday issued the guidelines for monetisation of non-core assets of CPSEs and immovable enemy properties. : State-run companies will have 12 months to monetise non-core assets identified by a ministerial panel headed by the finance minister, failing which the finance ministry may restrict budgetary allocations to the CPSEs. The Department of Investment and Public Asset Management (DIPAM) Monday issued the guidelines for monetisation of non-core assets of CPSEs and immovable enemy properties, following a Cabinet decision in February.

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