 "privatisation")
The special purpose vehicle (SPV) for monetising land and other surplus assets of public sector enterprises would soon be launched, and the entity could help in utilising land parcels for urban renewal and development projects in future, said DIPAM Secretary Tuhin Kanta Pandey.
Department of Investment and Public Asset Management (DIPAM) is working to implement the Budget announcement for having a specialised entity to monetise non-core assets, Pandey said.
Many public sector companies have many land assets in metro cities and prime areas and such assets are not adding to their valuation, Pandey said. This is because these public sector
