Cabinet Approves Setting Up Of National Land Monetization Corporation as wholly owned Govt. Company
The Union Cabinet on Wednesday approved the setting up of the National Land Monetisation Corporation (NLMC) as a wholly-owned Government of India company. The new entity has an initial authorised share capital of Rs 5,000 crore and a paid-up share capital of Rs 150 crore. In view of Central Public Sector Enterprises ( CPSEs) and…