The National Land Monetization Corporation (NLMC) has recommended proposals for monetising surplus land and building assets worth more than Rs 5,000 crore, as the government steps up efforts to unlock value from underutilised public assets.
The recommendations were made at the 21st meeting of NLMC's board of directors on September 18, where the corporation reviewed the progress of its asset monetisation programme, financial performance and institutional initiatives, the Ministry of Finance said in a release.
