12 months to sell non-crore assets

  • State-run companies will have 12 months to monetise non-core assets identified by a ministerial panel, failing which the finance ministry may restrict budgetary allocations to the CPSEs.
  • The Department of Investment and Public Asset Management
  • (DIPAM) issued the guidelines for monetisation of non-core assets of CPSEs and immovable enemy properties, following a Cabinet decision in February.
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