<h1>Government Approves Framework to Monetize Non-Core Assets of CPSEs and Enemy Properties with Strategic Oversight.</h1> The Union Cabinet, led by the Prime Minister, has approved a framework for monetizing non-core assets of Central Public Sector Enterprises (CPSEs) under strategic disinvestment and immovable enemy properties managed by the Custodian of Enemy Property for India. This framework is also applicable to other government organizations and struggling CPSEs. It involves a multi-layer institutional mechanism, including an Alternative Mechanism, Core Group of Secretaries on Asset Monetization, and an Inter-Ministerial Group. The process will be overseen by an independent External Monitor, with periodic reviews planned to adjust financial delegations and other aspects as necessary.