E-PaperSick Psus News
Govt clears new norms for time-bound closure of sick PSUs
The guidelines accord first priority for utilisation of available land parcels of CPSEs under closure for affordable housing as per the relevant government norms
1 min read6 Jun 2018Niti Aayog preparing cabinet note for closure of seven CPSEs: report
The fresh list prepared by Niti Aayog would be in addition to the CPSEs which were earlier approved for closure by Cabinet Committee on Economic Affairs
1 min read28 Mar 2017Government may wind up BRPSE, constitute new entity for sick PSUs
Move to replace BRPSE with a new entity is expected to expedite decision-making for stake sale in sick PSUs or closure of unviable units
1 min read7 Apr 2015Govt plans Rs1,100 crore settlement plan to deal with six sick PSUs
Other efforts include forming a consortium of Maharatna firms to spot and revive sick units across ministries
2 min read26 Sep 2014Surplus cash of PSUs may be used to revive sick units
Govt has formed a panel headed by NTPC chairman to study the proposal and submit a report in two months
1 min read12 Sep 2014Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared