Q. ‘Department of Investment and Public Asset Management’ has signed an agreement with which organisation, for advisory services?
Answer:
World Bank
Notes: Department of Investment and Public Asset Management (DIPAM) has signed an agreement with World Bank.
Under the agreement, World Bank will provide advisory services to DIPAM for asset monetization, as per the recent statement of Union Ministry of Finance. DIPAM handles the monetization of non-core assets of government CPSEs under strategic disinvestment of value of ₹100 crore and above.