NITI Aayog agreed with which of the following departments to proposal of incorporating BEML subsidiary?

NITI Aayog agreed with which of the following departments to proposal of incorporating BEML subsidiary?

A. Department of Consumer Affairs

B. Department of Irrigation

C. Department of Drinking Water and Sanitation

D. Department of Investment and Public Asset Management

Explanation:

Department of Investment and Public Asset Management (DIPAM) and NITI Aayog have agreed to the proposal of incorporation of a wholly-owned arm for demerger of surplus land and asset as part of BEML’s strategic disinvestment process. BEML, formerly Bharat Earth Movers Ltd, was established in 1964 as a Public Sector Undertaking for manufacture of rail coaches and spare parts and mining equipment at its Bangalore complex.