Public Assets Management Department, Government of Madhya Pradesh has come into effect vide gazette notification dated 26/09/2020. This department has been created with the objective to ensure efficient management and rationalization of public assets entrusted to it and support in augmenting government resources.

Aims and Objectives

• Prepare policy guidelines/directives on rational use of public assets and ensure compliance by concerned departments.

• Create and maintain State Assets Register using IT and GIS.

• Rationalization of state assets and ensure optimum utilization through inter-departmental consultation and coordination.

• Disinvestment of State PSUs.

• Generate revenue for the state through monetization of unused assets.

• Provide advisory services to other departments on PPP projects.

• Develop in-house capacity to explore, identify, design and execute asset monetization opportunities.