DIPAM Signs Agreement with World Bank on Asset Monetisation

  • On 16 November, 2020, the Department of Investment and Public Asset Management (DIPAM) signed an agreement with the World Bank to provide advisory services for asset monetization.
  • The project aims at supporting the development of operational guidelines and capacity building for its implementation.

Key Highlights

  • The central government has set a target of raising Rs 2.10 lakh crore from disinvestment in the current fiscal year. The target includes Rs 1.20 lakh crore, which has to be raised through Central Public Sector Enterprises (CPSEs) disinvestment.
  • The amount raised through the sale of non-core assets would be counted as a part of the ....
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