Bengaluru: Following the footsteps of the Union Government for augmenting revenues, the State Government has identified five sectors for Asset Monetisation.
The move comes just two months after Chief Minister Basavaraj Bommai had announced in the State budget that two public sector enterprises were in for disinvestment. As a prelude to the Asset Monetisation move, the Government has listed five Boards and Corporations — Karnataka Soaps and Detergents Limited (KSDL), Karnataka Silk Industries Corporation (KSIC), Karnataka Rural Infrastructure Development Corporation Limited (KRIDCL), Mysore Sales International Limited (MSIL) and Hatti Gold Mines Limited (HGML).
