Central Public Sector Enterprises (CPSEs) Current Affairs, GK & News

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 (CPSEs) for import of government cargo. About scheme Under this scheme, registration will be done ..

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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 regarding future disinvestment plans. Finance ministry now comprises of six departments, after inclusion of DPE. ..

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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 ministers will comprise of Nirmala Sitharaman, the Finance Minister and Nitin Gadkari, the Road Transport ..

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CAG Report: 40% of toilets in Government schools unused

On September 23, 2020, the Comptroller and Audit General submitted its report to both the houses. The report was titled “Construction of Toilets in Schools by the CPSEs”. CPSEs are Central Public Sector Enterprises. The report found gaps in construction of toilets by the CPSEs. Over seven CPSEs were employed in the task. They were ..

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Union Power Minister inaugurates 11 REMCs and the NR-REMC

11 Renewable Energy Management Centres (REMCs) were inaugurated by the Union Power Minister R K Singh, for renewable energy integration. He also inaugurated the Northern Region Renewable Energy Management Centre (NR-REMC). The government had approved the implementation of the Renewable Energy Management Centres -REMCs as a central scheme. Maharatna CPSE under the Ministry of Power, PowerGrid was named as the implementing agency.

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