Forwarded from Arthashastra Economy (Target UPSC)
#Economy
#Economic_Survey
🔸National Land Monetisation Corporation🔸
🖋 Context
»According to Economic Survey, the government is setting up the National Land Monetisation Corporation (NLMC) to carry out the monetization of the land and other non-core assets.
🖌It is being set up as a 100 per cent Government of India owned entity.
🖌It works as an asset manager for lands owned by central government and central public sector enterprises (CPSEs).
🖌The initial authorized share capital of NLMC will be Rs 5000 crores while subscribed share capital will be Rs 150 crore
🖌It has the freedom to invest, lease or rent assets or monetise them based on suggestions
🖌It is free to develop assets for commercial or residential purposes.
#PRELIMS_2022
#TargetUPSC
🗞Decoding Budget From Prelims Point of View - With Integration from Static Syllabus
https://youtu.be/ocerulIORVg
Target 140 + Serie
#Economic_Survey
🔸National Land Monetisation Corporation🔸
🖋 Context
»According to Economic Survey, the government is setting up the National Land Monetisation Corporation (NLMC) to carry out the monetization of the land and other non-core assets.
🖌It is being set up as a 100 per cent Government of India owned entity.
🖌It works as an asset manager for lands owned by central government and central public sector enterprises (CPSEs).
🖌The initial authorized share capital of NLMC will be Rs 5000 crores while subscribed share capital will be Rs 150 crore
🖌It has the freedom to invest, lease or rent assets or monetise them based on suggestions
🖌It is free to develop assets for commercial or residential purposes.
#PRELIMS_2022
#TargetUPSC
🗞Decoding Budget From Prelims Point of View - With Integration from Static Syllabus
https://youtu.be/ocerulIORVg
Target 140 + Serie