1) Department of Industrial Policy and Promotion(DIPP)
2) Department of Economic Affairs(DEA)
3) Department of Investment and Public Asset Management (DIPAM)
4) Department of Public Enterprises (DPE)
Explanation:
The Department of Investment and Public Asset Management (DIPAM) stated guidelines for monetisation of non-core assets of Central Public Sector Enterprises (CPSEs) and immovable enemy properties. The guidelines for monetisation of non-core assets are as follows: An Inter Ministerial Group (IMG) headed by the secretary of DIPAM will identify the non-core assets of the CPSEs. It could identify the assets on the basis of recommendations of the Niti Aayog. The final decision would be taken by the panel chaired by the Finance minister. After the final approval of the assets, the monetisation should be strictly completed within 12 months. In case the time limitation of 12 months is not followed, the finance ministry may put forth budgetary allocations to the CPSEs.
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