NLMC Board Recommends Monetisation Proposals Worth Over Rs 5,000 Crore
NLMC's board has recommended monetisation proposals involving surplus land and building assets worth more than Rs 5,000 crore.
The National Land Monetization Corporation (NLMC) has recommended monetisation proposals covering assets valued at more than Rs 5,000 crore, according to a release from the Ministry of Finance. The recommendation was made at the 21st meeting of the corporation's Board of Directors, held on September 18.
The proposals relate to surplus land and building assets identified for monetisation, and are intended to advance the government's objective of unlocking value from underutilised public assets. The board reviewed the progress of NLMC's ongoing asset monetisation programme, along with its financial performance and institutional initiatives.
During the meeting, the board examined the corporation's engagement with Central Public Sector Enterprises (CPSEs) and other government entities to identify suitable assets, carry out due diligence, facilitate valuation and structure monetisation processes. Discussions centred on expediting the process, addressing implementation requirements and ensuring that identified assets move forward through appropriate and transparent mechanisms.
The board also stressed the need to maintain momentum and strengthen coordination with stakeholder entities so that surplus assets can be monetised in a timely manner. The latest recommendation marks a further step in NLMC's engagement with asset-owning entities, as it works to build a more structured framework for monetising surplus public assets.
According to the ministry, NLMC's approach focuses on transparency, efficiency and value realisation, with the corporation coordinating with concerned ministries, departments, CPSEs and other government entities. The board additionally approved NLMC's Annual Financial Statements and Directors' Report for the financial year 2025-26.
NLMC is a wholly owned Government of India company under the administrative control of the Department of Public Enterprises, Ministry of Finance. Its mandate is to undertake and facilitate the monetisation of surplus land and building assets of CPSEs and other government entities. The ministry said the corporation will continue to work with asset-owning entities on identification, assessment and monetisation of surplus assets through appropriate mechanisms, in line with the government's broader asset monetisation objectives.