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    <title>Cabinet approves setting up of National Land Monetization Corporation as a Special Purpose Vehicle (SPV) for undertaking surplus land monetization</title>
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    <description>NLMC, a government-owned Special Purpose Vehicle, will acquire, hold, manage and monetize surplus non-core land and building assets of CPSEs and act as agency for monetization on behalf of other government entities; it will be a lean company with a board of government and expert directors and hire private-sector specialists to maximize value realization and support closure and strategic disinvestment processes.</description>
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