The Ministry of Finance (MoF) on June 14, 2024, issued a notification regarding asset monetization of Central Public Sector Enterprises (CPSEs)/other Government Organizations and Immovable Enemy Properties - Procedure and mechanism thereof.
The following has been stated: -
•It is directed to forward the procedure, mechanism, and guidelines for Asset Monetization of Central Public Sector Enterprises (CPSEs) / other Government Organizations and Immovable Enemy Properties as per the enclosed document (Annexure-I).
•All the administrative Ministries/Departments concerned with CPSEs are requested to take note of the revised guidelines and also bring the same to the notice of all CPSEs under their administrative control for compliance.
The detailed notification is given in the document below.
[Notification No. DPE/ 11(12)/ 2023-DD]