DIPAM inks agreement with World Bank

Department of Investment and Public Asset Management, DIPAM signed an agreement with World Bank today. Under the agreement, World Bank is to provide advisory services to DIPAM for asset monetization. DIPAM is mandated with facilitating monetization of non-core assets of government CPSEs under strategic disinvestment or closure and enemy property of value of Rs. 100 crore and above. DIPAM has a framework for monetizing non-core assets. The World Bank advisory project, approved by the Finance Mini...