Govt panel pulls up several bodies for slow monetisation, sets new targets

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Govt panel pulls up several bodies for slow monetisation, sets new targets - Business Standard

Quick Summary:

The ministry has primarily relied on NBCC to sell property to public sector companies in areas like East Kidwai Nagar, Nouroji Nagar, and Netaji Nagar.

The railways, tourism, telecom, and petroleum sectors were pulled up for not meeting their targets, according to a report by The Times of India.

The government’s core group on asset monetisation has raised concerns over the slow progress made by several ministries in monetising public assets.