Inter-Ministerial Group recommends CPSE land and building assets worth over ₹1,100 crore for monetisation

National Economy Economy & Banking

Inter-Ministerial Group recommends CPSE land and building assets worth over ₹1,100 crore for monetisation

5 November 2026

An Inter-Ministerial Group (IMG) has recommended asset monetisation proposals valued at over ₹1,100 crore.
The IMG is chaired by the Secretary of the Department of Public Enterprises (DPE) and co-chaired by the Secretary of the Department of Telecommunications.
Most proposals cover surplus land and buildings of Central Public Sector Enterprises (CPSEs).
They now go to the Cabinet-delegated Alternative Mechanism for approval; further monetisation steps follow only after that.
The work is facilitated by the National Land Monetization Corporation (NLMC), a wholly owned Government company under the DPE in the Finance Ministry.
NLMC was set up following an announcement in the Union Budget 2021–22.

Assets recommended: over ₹1,100 crore IMG chair: Secretary, DPE

Why it matters for exams: NLMC, the Department of Public Enterprises and the asset monetisation programme are standard Economy questions in UPSC and bank exams.

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5 November 2026 Source: Press Information Bureau

In plain words

NLMC National Land Monetization Corporation — Government company that monetises surplus land of CPSEs.

CPSE Central Public Sector Enterprise — A company in which the Union Government holds a majority stake.