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Sikh News Short of cash, Punjab decides to sell its land (Indian Express via Yahoo! India News)

Discussion in 'Breaking News' started by Sikh News Reporter, Nov 19, 2007.

  1. Sikh News Reporter

    Sikh News Reporter United States
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    SPNer Contributor Supporter

    Sep 20, 2004
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    The cash-strapped Punjab Government, whose revenue collection is at an all-time low, has decided to sell off its properties and land under the recently revived Optimum Utilisation of Vacant Government Land (OUVGL) Scheme. The Government hopes to mop up Rs 2,000 crore from this exercise. This 10-year-old scheme allows the state to sell off prime government properties which are either lying vacant ...

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