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National Land Monetization corporation by Cabinet

National Land Monetization corporation by Cabinet – The Union Cabinet has approved the setting up of the National Land Monetization Corporation (NLMC) in order to monetise surplus land and building assets of Central Public Sector Enterprises (CPSEs) and other agencies which are associated with the Government.

  • NLMC will have an initial authorised share capital of Rs 5,000 crore and paid-up share capital of Rs 150 crore.
  • In September 2021, The Centre put out a four-year National Monetisation Pipeline (NMP) worth an estimated Rs 6 lakh crore.

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