Pariksha SaathiNLMC's 21st board meeting recommends over Rs 5,000 crore in asset monetisation
At its 21st board meeting on 18 September 2026, the National Land Monetization Corporation (NLMC) recommended monetisation proposals covering surplus land and building assets valued at more than ₹5,000 crore, a step towards the government's goal of unlocking value from under-used public property. The board took stock of NLMC's work with Central Public Sector Enterprises (CPSEs) and other government bodies, where it helps identify suitable assets, carry out due diligence, arrange valuation and structure a transparent monetisation route for each. Directors also reviewed the corporation's financial performance and institutional initiatives, approved its annual financial statements and Directors' Report for FY 2025-26, and called for keeping up momentum and coordinating more closely with asset-owning entities so that pending cases move ahead on time.
Drafted with AI assistance from a live web search; a second AI pass confirmed the official link above and checked a sample of the facts against it. Not line-edited by a human.
Learning context
NLMC was proposed in the Union Budget 2021-22 and approved by the Union Cabinet on 9 March 2022 as a wholly owned Government of India company, with an initial authorised share capital of ₹5,000 crore and paid-up capital of ₹150 crore. It works under the administrative control of the Department of Public Enterprises (DPE), Ministry of Finance, and its mandate is surplus land and building assets of CPSEs and other government entities.
Reference: Department of Public Enterprises, Ministry of Finance
Check yourself: is NLMC a statutory body created by an Act of Parliament?
No. NLMC is a company wholly owned by the Government of India, set up after Cabinet approval in 2022; it was not created by a separate Act.
Revision task: note that the board only ‘recommended’ proposals worth over ₹5,000 crore; record this as a recommendation, not as money already raised.
Test yourself
The National Land Monetization Corporation's (NLMC) 21st Board Meeting recommended asset-monetisation proposals worth more than how much?
Show the answer
Answer: ₹5,000 crore
NLMC's 21st Board Meeting recommended proposals covering surplus government land and building assets worth more than ₹5,000 crore for monetisation.
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