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Govt may look at AMC/ARC model for asset monetisation programme


(MENAFN - IANS) y Subhash Narayan
New Delhi, Feb 21 (IANS) The government may consider asset management and asset reconstruction company model to monetise non-core assets of public sector enterprises (PSEs).
AMC and ARC or a bad bank has been proposed for the banking sector in Budget 2021-22 to acquire, manage and turnaround bad loans. The budget also talked about asset monetisation to unlock the true value of the assets lying with the government entities.
The plan now is to create a special purpose vehicle (SPV) under the government route that could take the shape of an AMC/ARC and help maximise the value of the assets of the PSEs. ....

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India signs MoU for reconstruction of 6 Secondary schools in Nepal


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Namgya Khampa, Deputy Chief of Indian Embassy joined Sushil Gyewali, CEO of NRA at the ground breaking ceremony for construction of Kanti Bhairav Secondary School in Kageshwari Municipality
India signs MoU for reconstruction of 6 Secondary schools in Nepal
ANI |
Updated: Feb 18, 2021 22:15 IST
Kathmandu [Nepal], February 18 (ANI): India and Nepal on Thursday signed a memorandum of understanding (MoU) for the reconstruction of six Secondary schools in the Himalayan nation.
The MoU was signed between the Indian Embassy and Nepal s Central Level Project Implementation Unit (Education) of Nepal Reconstruction Authority (NRA).
The MoU was for the construction of six secondary schools at a total cost of Nepali Rupees 518 million, according to a statement by the Indian embassy. ....

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Gorilla Glue Girl Tessica Brown supports community with GoFundMe $$$! | 106.1 KMEL


By Sana G
Feb 16, 2021
Tessica Brown is finally free of her Gorilla Glue nightmare where she sprayed the adhesive on her head, using it as a styling product which ended up an almost 2 month long dilemma. Now the she is free and growing out her locks she is giving back to the community.
Tessica is donating the funds that people sent her to a GoFundMe account to RESTORE which is a foundation for reconstructive surgery. Tessica is giving this organization $20k and the other $3k left from the account she said she is donating to some families in need in her area. ....

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