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Budget 2021: Centre set to launch e-platform to sell non-core assets

Could help monetise assets worth Rs 10K cr

disinvestment, psu, sale, stake, privatisation
premium

The government has asked state-run MSTC to set up an e-bidding platform for auctioning non-core assets of PSUs, according to a senior government official | Illustration: Binay Sinha

Nikunj Ohri New Delhi
The government is set to launch an online platform to sell surplus land and properties of public sector undertakings (PSUs), as part of its asset monetisation drive. It is estimating that this would help monetise assets worth Rs 10,000 crore

The government has asked state-run MSTC to set up an e-bidding platform for auctioning non-core assets of PSUs, according to a senior government official. The platform will work as a one-stop shop for those keen on acquiring properties and land assets of PSUs, he added. It is expected be operational in a month’s time and might be announced in the Budget,