Sansad TV
In this episode of the Perspective Prog. based on NLMC: Utilising Unused Land. Earlier this month, the Union Cabinet, chaired by Prime Minister Narendra Modi approved the setting up of National Land Monetization Corporation to monetise surplus land and building assets of Central Public Sector Enterprises (CPSEs) and other agencies linked to the Government. To be fully owned by the Centre, under the administrative jurisdiction of the Finance Ministry, NLMC will have an initial authorised share capital of Rs 5,000 crore and paid-up share capital of Rs 150 crore. At present, CPSEs hold considerable surplus, unused and under-used non-core assets in the nature of land and buildings. With monetisation of these non-core assets, the Government will be able to generate substantial revenues by monetising unused and under-used assets. That’s what is being said by the government about this move to set up the National Land Monetization Corporation. How effective is this going to, considering land monetization is a complex process, what potential challenges could NLMC face in the whole process, what roles and responsibilities will this separate agency be entrusted with?
Guests:
1. Vijoy Kumar Singh, Additional Secretary, Ministry of Textiles
2. R. Gopalan, Former Secretary, Financial Services, Ministry of Finance, GoI
3. Vinod Kumar Yadav, Former Chairman, Railway Board
Anchor: Teena Jha
Producer: Amit Srivastava, Sagheer Ahmad
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