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Will FM's asset monetisation plan pay off? - The Hindu BusinessLine


Will FM’s asset monetisation plan pay off?
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The idea is good, but there are challenges to generating revenues through sale of surplus land held by the govt and PSUs
Finance Minister Nirmala Sitharaman, in her Budget speech, said: “Idle assets will not contribute to Atmanirbhar Bharat. The non-core assets largely consist of surplus land with government ministries/departments and public sector enterprises.”
She went on to add: “Monetising of land can either be by way of direct sale or concession or by similar means. This requires special abilities and for this purpose, I propose to use a Special Purpose Vehicle in the form of a company that would carry out this activity. In order to ensure timely completion of closure of sick or loss-making CPSEs, we will introduce a revised mechanism that will ensure timely closure of such units.” ....

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Unemployment data task force to submit recommendations next week


Unemployment data task force to submit recommendations next week
Unemployment data task force to submit recommendations next week
The Task Force On Employment Data Headed By NITI Aayog Vice-Chairman Arvind Panagariya Is Likely To Finalise Recommendations Next Week, An Official Said On Sunday. The Prime Minister’s Office Last Month Constituted The Task Force To Suggest Solutions For Having Timely And Reliable Employment Data For Policy Making.
PTI
| Updated on: 18 Jun 2017, 04:52:55 PM
New Delhi:
The task force on employment data headed by NITI Aayog Vice-Chairman Arvind Panagariya is likely to finalise recommendations next week, an official said on Sunday. The Prime Minister’s Office last month constituted the task force to suggest solutions for having timely and reliable employment data for policy making. ....

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