PSUs are a great tool for economic development: Babul Supriyo

Governance Now fourth PSU Awards: PSUs have helped the government achieve its goals

GN Bureau | December 24, 2016


#economic development   #Babul Supriyo   #Governance Now PSU awards   #PSU  
Babul Supriyo
Babul Supriyo

Public Sector Undertakings are a great tool for economic development and they should do well and make profits, said Babul Supriyo, minister of state, heavy industries and public enterprises, who was the guest of honour at Governance Now fourth PSU Awards ceremony held on Friday in Delhi.

READ: Despite privatisation, fantastic growth in PSU sector: Vinit Goenka

“All the people present here have won hearts and helped the government achieve its goals,” said the minister.

READ: PSU, technology are pivotal to India’s growth story: Experts
 
He added: “In a room full of people who are working in PSUs and part of the most promising PSUs of the country, I don’t need to tell you what a PSU is.”
 
 “It is true that you are the enlightenment and me, the youngest politician, needs this light.” 

READ: PSUs are in direct competition with private sector: Ram Vilas Paswan

 

 

Comments

 

Other News

Before India voted, the framers worried about the referee

“We are making a Constitution forever and not only for today.” Shibban Lal Saksena said this in the Constituent Assembly on June 15, 1949. He was warning that a ruling party might one day choose a loyalist to run India’s elections. Seventy-seven years later, the Supreme Court is wrestli

Delhi moves to real-time traffic management

The Cabinet Committee on Economic Affairs (CCEA), chaired by prime minister Narendra Modi, has approved implementation of the ITMS Project by Delhi Police at an estimated cost of Rs.1,789.52 crore, inclusive of taxes. The project will cover 42 identified traffic corridors and will be implemented in three

MDR on UPI: Can sustainability come without weakening the network?

The extraordinary transaction volumes and value (₹29.82 Lakh crore in August 2026 alone) of the Unified Payments Interface (UPI) have made it not only an Indian success story, but a global one. In 2024, UPI accounted for nearly 49% of the world’s real-time payment transaction volume, with more th

The Xi-Trump summit: The unending rivalry

Diplomacy is akin to an art, wherein the summitry, conflict resolution and negotiations form apt constituents of the entire context of deal making and “playing for keeps” in the international arena. The Xi-Trump summit in Washington last week, in which the American president broke all conside

“Indians, yet treated like outsiders”

Moving to Delhi-NCR for education can be an exciting experience for students from Northeast India. It gives us a chance to meet new people, experience a different culture and become more independent. But living away from home also comes with challenges that people who have not experienced them may not al

Import duty on major edible oils cut

The government has reduced the Basic Customs Duty (BCD) on major imported crude edible oils with a view to moderating domestic edible oil prices, providing relief to consumers and mitigating inflationary pressures arising from the sharp increase in international edible oil prices.  

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter