Keyword : CPSEs

PSUs can now hire talent from private sector

 The central public sector enterprises (CPSEs) can now hire talented and experienced people from state public sector enterprises (SPSEs) and private sector. The union cabinet on Wednesday gave

Shut down one PSU, sell four others: NITI Aayog

 NITI Aayog may recommend the closing down of one sick central public sector enterprise (CPSE). Four enterprises could be up for strategic disinvestment in the first phase of the government pl

MoU targets set for 234 CPSEs

 The department of public enterprises has completed the MoU or the incentive-based target setting exercise for central public sector enterprises CPSEs for the current fiscal. The government ha

Posts of directors, CMDs lie vacant in CPSEs

 As many as 13 board-level posts in various Central Public Sector Enterprises (CPSEs) are lying vacant since May, 2014, minister of state for heavy industries and public enterprises Babul Supr

A mirage called disinvestment

The government is getting ambitious. It wants to divest some PSU shareholding and raise a staggering Rs 72,500 crore during the 2017-18 fiscal. The mood is upbeat among finance ministry mandarins d

CAG spots irregularities among PSUs

  The Comptroller and Auditor General (CAG) has made as many as 57 individual observations relating to 36 Central Public Sector Enterprises (CPSEs), with a total financial implic

REIL’s growth potion: Hop, skip and jump

Rajasthan Electronics and Instruments Limited (REIL), is one of the few profit-making mini ratna central public sector companies. REIL will now become an independent central public sect

Cabinet approves listing of 11 PSUs

The cabinet committee on economic affairs has approved the proposal of listing of 11 central public sector enterprises on stock exchanges.   The public sector underta

NITI Aayog rolls out three year action agenda

 Even as a vision and a strategy agenda is in "advanced stages" of finalisation at NITI Aayog, the government think tank has released a draft three year action agenda for public cons

‘In-principle’ approval for strategic disinvestment of 24 CPSEs

As part of the strategy to keep shares readily available for transaction to take advantage of market conditions without any loss of time, the government has identified certain CPSEs, including thos

Is divestment only way to bridge fiscal deficit, raise funds?

Even as the government has exceeded the target of raising disinvestment proceeds of Rs 72,500 crore in the current fiscal, the question of enhancing the CPSE’s efficiency largely remains unan

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