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Authority set up to ‘manage unutilised, idle’ Punjab assets

  • Posted on July 31, 2026
  • By Dawn
  • 1 Views
  • 1 min read
In brief

Punjab establishes a dedicated Asset Management Authority led by the Chief Secretary to unlock the potential of underutilized and dormant state properties. This strategic initiative focuses on converting idle assets into productive revenue streams, enabling the government to strengthen its financial position without relying solely on taxation. The ten-member authority will identify, assess, and optimize Punjab's unutilized resources to generate sustainable non-tax income and address fiscal challenges.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

Authority set up to ‘manage unutilised, idle’ Punjab assets
Authority set up to ‘manage unutilised, idle’ Punjab assets

CS to head 10-member Asset Management Authority of Punjab; move aims at generating non-tax revenue to meet fiscal needs.
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Author
Dawn

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