The Centre has begun the non-core asset monetisation of telecos -- BSNL and MTNL.
Accordingly, DIPAM (Department of Investment and Public Asset Management) has begun auction of BSNL and MTNL assets.
The monetisation commenced with the auction of first set of six properties belonging to the telecos.
"Non core asset monetisation commences with the first set of six properties of BSNL/MTNL bid out on the MSTC portal," DIPAM Secretary Tuhin Kanta Pandey tweeted on Saturday.
Mumbai: Drug Addict Arrested For Murder After Violent Clash In Girgaon; Victim Dies From Severe Head Injuries
Maharashtra Assembly Elections 2024: MVA Partners Draw Blank In 4 Regions
Mumbai: Kurla Police Register Theft Case After ₹40,000 Stolen From Donation Box At Sai Baba Temple; One Arrested, 2 Accused At Large
Maharashtra Elections 2024: 'Ladki Bahin, Religious Polarisation Played A Role,' Says Sharad Pawar
As per DIPAM website, asset monetisation involves creation of new sources of revenue by unlocking of value of hitherto unutilised or under-utilised public assets.
(With inputs from IANS)
