5,400 acres of land parcels of PSUs may be monetised through new SPV.

In a bid to push monetisation of non-core assets, the Centre has identified about 5,400 acres of land parcels of public sector undertakings (PSUs) such as BEML, Shipping Corporation of India (SCI), Bharat Sanchar Nigam (BSNL) and MTNL, among others. These are being proposed to be monetised through the new National Land Monetisation Corporation (NLMC).

The soon-to-be operational specialised entity for monetisation of land parcels would look at ways to monetise these large land parcels identified by various PSUs. 

BS