DIPAM and the World Bank signed an Agreement
The Department of Investment and Public Asset Management (DIPAM) has signed an MoU with the WB (World Bank) on 16th November 2020. as per an MoU, the World Bank will offer its advisory services on asset monetization.
Asset Monetisation
- It forms new sources of income by opening underutilized or utilised public assets.
- DIPAM functions to facilitate monetization of non-core assets and enemy assets of 100 crores rupees.