Government Corp Eyes ₹5,000 Crore More From PSU Land Sales
The National Land Monetisation Corporation has already sold land worth about ₹9,000 crore. It expects another ₹5,000 crore by the end of FY27 from surplus properties held by public sector undertakings across four ministries. Surplus properties are land or buildings these companies no longer need.
Context
Context: Public sector undertakings are government-owned companies, and selling land they no longer use is one way the government raises money. Such sales are usually watched for how much they bring in relative to the government's budget goals.
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