Central Public Sector Enterprises Current Affairs - 2020

Public Enterprises Survey: Air India, MTNL, BSNL highest loss makings PSUs in FY19

On February 10, 2020, the Department of Public Enterprises operating under Ministry of Heavy Industries tabled the “Public Enterprises Survey” on the parliament. The report says that the net profit from the PSUs has increased by 15.5% as compared to the previous year. Highlights The survey said that Indian Oil Corporation, NTPC and ONGC were Read More…

Departments to Conduct Review of Govt Guarantees

The Ministry of Finance has asked all the departments to undertake a review of government guarantees given by respective ministries to their Central Public Sector Enterprises (CPSEs) or entities. Review of Government Guarantees The review will look into aspects like whether the discharge of repayment obligations or interest obligations as per terms of the loan Read More…

Guidelines for Monetisation of Non-Core Assets of CPSEs

The Department of Investment and Public Asset Management (DIPAM) has issued the guidelines for monetisation of non-core assets of Central Public Sector Enterprises (CPSEs) and immovable enemy properties. Guidelines for Monetisation of Non-Core Assets An inter-ministerial group chaired by the secretary of DIPAM will identify the non-core assets of the CPSEs on its own and Read More…