Central Public Sector Enterprises (CPSEs)

Mega exhibition on Nation Building and CPSEs

On June 9, 2022, Finance Minister Nirmala Sitharaman inaugurated the Mega exhibition- on Nation Building and Central Public Sector Enterprises (CPSEs). Highlights The exhibition was inaugurated at Mahatma Mandir in Gandhinagar Gujarat. This event is being organised as a part ..

Month: 

Category: 

National Land Monetisation Corporation

According to Economic Survey, central government has set up a “National Land Monetisation Corporation” in a bid to FastTrack the monetisation of land and non-core assets of public sector entities. Key Facts As of now, CPSEs have referred 3,400 acres ..

Month: 

Category: 

Maharatna Status to Power Finance Corporation

Central Government has given “Maharatna” status to Power Finance Corporation (PFC). PFC has become the 11th state-owned entity in India to enter the Maharatna category. Key Points PFC now joins the ranks of other companies like ONGC, Steel Authority of India ..

Month: 

Cabinet approves Rs1,624-cr subsidy for Shipping Companies

Union Cabinet has approved a scheme to provide Rs 1,624 crore as subsidy to Indian shipping companies. Highlights Subsidy will be provided for over five years. Global tenders for this scheme were floated by ministries and central public sector enterprises ..

Month: 

Dept of Public Enterprises brought under Finance Ministry

Central government has decided to bring Department of Public Enterprises (DPE) under finance ministry. Key Points DPE was earlier under Ministry of Heavy Industries and Public Enterprises. It has been brought under finance minister in a bid to ease coordination ..

Month: 

GoM will decide PSU count in strategic sectors: DIPAM Secretary

Recently, the Department of Investment and Public Asset Management (DIPAM) stated that a panel of Ministers would take final decision regarding the number of public sector companies that will be retained in each of the strategic sectors. The panel of ..

Month: