TaxTMI 
TaxTMI 
DIPAM signs an agreement with World Bank for advisory services on Asset Monetization
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....IPAM signs an agreement with World Bank for advisory services on Asset Monetization <br>News and Press Release<br>Dated:- 17-11-2020<br><BR>Department of Investment and Public Asset Management (DIPAM)....
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.... has signed an agreement with World Bank (16 Nov 2020). Under the agreement, World Bank is to provide advisory services to DIPAM for asset monetization. DIPAM is mandated with facilitating monetizati....
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....on of non-core assets of government CPSEs under strategic disinvestment or closure and enemy property of value of INR 100 crores and above. DIPAM has a framework for monetizing non-core assets. The Wo....
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....rld Bank advisory project, approved by the Finance Minister, is aimed at analyzing public asset monetization in India and benchmarking its institutional and business models against international best ....
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....practices as well as supporting development of operational guidelines and capacity building for their implementation. It is expected that this project would facilitate and accelerate the non-core ass....
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....et monetization process and help unlock the value of these un-used/ marginally used assets which has the potential to substantially augment financial resources for further investments and growth.<BR> ....
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....News - Press release - PIB....