Centre sets up National Land Monetisation Corporation

02 Feb 2022 CW Team

As per the Economic survey, on Monday, the government has formed a National Land Monetisation Corporation (NLMC) to expedite the monetisation of land and non-core assets of public sector entities.

Yet, Central Public Sector Enterprises (CPSEs) have referred 3,400 acres of land and other non-core assets for monetisation from CPSEs comprising Bharat Sanchar Nigam Limited (BSNL), Mahanagar Telephone Nigam Limited (MTNL), B&R, Bharat Petroleum Corporation Limited (BPCL), BEML Limited, HMT Ltd, Instrumentation Ltd.

Since, the expected skill set to take on the responsibility of management and monetisation of non-core assets in government is limited, Finance Minister Nirmala Sitharaman in 2021-22 Budget had declared establishing a Special Purpose Vehicle (SPV), with capacity and expertise, to conduct the monetisation of the land and other non-core assets efficiently and prudently, in line with international best practices.

In pursuance of the Budget announcement, National Land Monetisation Corporation (NLMC) is being included as a 100% Government of India owned entity with an initial authorised share capital of Rs 5,000 crore and subscribed share capital of Rs 150 crore.

Concerning the government's asset monetisation drive, the Survey said there is an aggregate monetisation potential of Rs 6 lakh crore via core assets of the central government over four years from 2021-22 to 2024-25.The leading five sectors comprising railways, roads, power, oil and gas pipelines and telecom estimate for approximately 83% of the aggregate value.

CPSEs have referred 3,400 acres of land and other non-core assets for monetisation, as per the survey. The New Public Sector Enterprise Policy and Asset Monetisation Strategy presented by the government reaffirm its commitment towards privatisation and strategic disinvestment. While the monetisation of core assets is headed by NITI Aayog, the initiative for monetisation of non-core assets has been hitherto driven by the Department of Investment and Public Asset Management (DIPAM). The monetisation of non-core assets envisages unlocking the value of these thus far unused or under-utilised assets and producing returns on the equity that the Government has funded in them.

Image Source

Also read: Nirmala Sitharaman launches National Monetisation Pipeline

As per the Economic survey, on Monday, the government has formed a National Land Monetisation Corporation (NLMC) to expedite the monetisation of land and non-core assets of public sector entities. Yet, Central Public Sector Enterprises (CPSEs) have referred 3,400 acres of land and other non-core assets for monetisation from CPSEs comprising Bharat Sanchar Nigam Limited (BSNL), Mahanagar Telephone Nigam Limited (MTNL), B&R, Bharat Petroleum Corporation Limited (BPCL), BEML Limited, HMT Ltd, Instrumentation Ltd. Since, the expected skill set to take on the responsibility of management and monetisation of non-core assets in government is limited, Finance Minister Nirmala Sitharaman in 2021-22 Budget had declared establishing a Special Purpose Vehicle (SPV), with capacity and expertise, to conduct the monetisation of the land and other non-core assets efficiently and prudently, in line with international best practices. In pursuance of the Budget announcement, National Land Monetisation Corporation (NLMC) is being included as a 100% Government of India owned entity with an initial authorised share capital of Rs 5,000 crore and subscribed share capital of Rs 150 crore. Concerning the government's asset monetisation drive, the Survey said there is an aggregate monetisation potential of Rs 6 lakh crore via core assets of the central government over four years from 2021-22 to 2024-25.The leading five sectors comprising railways, roads, power, oil and gas pipelines and telecom estimate for approximately 83% of the aggregate value. CPSEs have referred 3,400 acres of land and other non-core assets for monetisation, as per the survey. The New Public Sector Enterprise Policy and Asset Monetisation Strategy presented by the government reaffirm its commitment towards privatisation and strategic disinvestment. While the monetisation of core assets is headed by NITI Aayog, the initiative for monetisation of non-core assets has been hitherto driven by the Department of Investment and Public Asset Management (DIPAM). The monetisation of non-core assets envisages unlocking the value of these thus far unused or under-utilised assets and producing returns on the equity that the Government has funded in them. Image Source Also read: Nirmala Sitharaman launches National Monetisation Pipeline

Infrastructure Urban

11 Mar 2026

India Expands Semiconductor Training To 500 Institutions

Under the Chips to Startups programme of the India Semiconductor Mission, the Union minister responsible for Railways, Information and Broadcasting, and Electronics and IT reported notable progress in talent development. He indicated that over the past four years substantial steps have been taken towards a 10-year target of training 85,000 engineers in semiconductor design. World-class EDA tools have been deployed in 315 academic institutions across the country to provide students with practical exposure to chip design. These EDA tools are supported by leading global firms and are accessible t..

Infrastructure Urban

11 Mar 2026

Delhi Institutions Support India Semiconductor Mission

The Government of India has prioritised talent development through training, upskilling and workforce development under the Chips to Startups initiative of the India Semiconductor Mission, with officials noting progress in four years towards a 10-year target of training 85,000 engineers in semiconductor design. Electronic design automation tools provided by Synopsys, Cadence, Siemens, Renesas, Ansys and AMD have been deployed in 315 academic institutions, enabling students to gain practical chip design experience. Chips have been fabricated and tested at the Semiconductor Laboratory, Mohali, a..

Infrastructure Urban

11 Mar 2026

NHA Announces Winners Of NHCX Hackathon At IIT Hyderabad

The National Health Authority (NHA) has concluded the NHCX Hackathon under the Ayushman Bharat Digital Mission (ABDM) to stimulate innovation around the National Health Claims Exchange (NHCX). The winning teams presented their solutions at the NHCX Innovation Meet held at IIT Hyderabad during a two-day event in March 2026 that also served as the hackathon grand finale. The hackathon itself ran from 22 to 28 February 2026 and aimed to accelerate paperless, transparent claims processing across India. The event was organised with a range of ecosystem partners, including the Insurance Regulatory a..