Remonetisation
BSNL, MTNL raise Rs 12,984 crore from asset monetisation since 2019
State-owned telecom firms BSNL and MTNL have earned a total of Rs 12,984.86 crore from monetisation of land, buildings, tower and fibre since 2019, Parliament was informed on Wednesday. According to data shared by Minister of State for Communications Pemmasani Chandra Sekhar in Lok Sabha, BSNL has earned Rs 2,387.82 crore and MTNL Rs 2,134.61 crore up to January 2025 from monetisation of lands and buildings. "BSNL and MTNL are monetising only those land and building assets which are not required for their own use in the foreseeable future and for which it has the rights to transfer the ownership," Sekhar said in a written reply. BSNL has earned Rs 8,204.18 crore and MTNL Rs 258.25 crore from monetisation of close assets comprising tower and fibre up to January 2025, as per the reply. "Monetisation of assets are being done as per approved policy of the Government and its impact on the PSUs are being monitored closely," Sekhar said.
 "BSNL, MTNL raise Rs 12,984 crore from asset monetisation since 2019")
Top headlines: Air India union gets its say; IPO bet starts paring for rich
Business Standard brings you the top headlines of the day
 "Top headlines: Air India union gets its say; IPO bet starts paring for rich")
Top headlines: FM announces asset monetisation plan; regulator fines Maruti
Business Standard brings the top headlines of the day
 "Top headlines: FM announces asset monetisation plan; regulator fines Maruti")
Rs 6 trillion asset monetisation plan in the offing, says DIPAM secretary
"National monetisation plan will have a range of assets from Power Grid pipelines to national highways, toll operate transfer (TOTs)," said Pandey
 "Rs 6 trillion asset monetisation plan in the offing, says DIPAM secretary")
Govt requests NITI Aayog to work out five-year asset monetisation plan
The final report of the task force on the NIP for 2019-2025 presented to Finance Minister Nirmala Sitharaman in April suggested steps like deepening bond markets
 "Govt requests NITI Aayog to work out five-year asset monetisation plan")
Remonetisation to expand tax base, says Arun Jaitley
Jaitley said the move brought about a far greater movement towards digitisation
 "Remonetisation to expand tax base, says Arun Jaitley")
Re-monetisation: Cash in use 26% less than November 8 levels
Currency in circulation up 1.7% in week ending March 31
 "Re-monetisation: Cash in use 26% less than November 8 levels")
RBI moving towards remonetisation at fast pace, says Urjit Patel
Patel was confident that like demonetisation, remonetisation too would achieve its objectives
 "RBI moving towards remonetisation at fast pace, says Urjit Patel")
Remonetisation process almost complete, says Arun Jaitley
Government is now pushing and incentivising digital payments
 "Remonetisation process almost complete, says Arun Jaitley")
