Department of Investment and Public Asset Management (DIPAM) has signed an agreement with the World Bank, to provide advisory services to DIPAM for asset monetization. DIPAM is mandated with facilitating monetization of non-core assets of government CPSEs under strategic disinvestment or closure and enemy property of the value of 100 crore and above. DIPAM has a framework for monetizing non-core assets.
WARRIOR 4.0 | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams | Bilingual | Live Class
Under the agreement:
The World Bank advisory project, approved by the Finance Minister, is aimed at analyzing public asset monetization in India and benchmarking its institutional and business models against international best practices as well as supporting the development of operational guidelines and capacity building for their implementation.
Important takeaways for all competitive exams:
Did you know that many rivers around the world are compared with one another because…
Did you know that every year the world waits eagerly for one of the biggest…
The major Egypt archaeological discovery has solved a mystery. This mystery that remained unanswered for…
The medieval Gajapathi inscription has been discovered at the Lakshmi Narasimha Swamy Temple in Ramachandrapura…
The process to the appointing State Director General of Police (DGP) has been changed after…
Surya Midha has created headline after matching the youngest billionaire milestone. Earlier this milestone was…