Page-2 of PSUs Current Affairs, GK & News
Cabinet approves strengthening commercial disputes resolution mechanism of CPSEs
Union Cabinet has approved strengthening commercial disputes resolution mechanism of Central Public Sector Enterprises (CPSEs) inter se and also between CPSEs and other Government Departments and Organizations. The Cabinet decision is based on recommendations of Committee of Secretaries (CoS). Key Facts The new strengthened mechanism puts in place institutionalized mechanism within Government for speedy resolution ..
Month: Current Affairs - May, 2018
Category: India Nation & States Current Affairs
Topics: Cabinet Decisions • commercial disputes • CPSEs • Disputes Resolution Mechanism • National • Permanent Machinery of Arbitration • PSUs
Government announces PM's Shram Awards for 2016 to 50 workers
The Ministry of Labour & Employment has announced Prime Minister’s Shram Awards for the year 2016 to be awarded to 50 workers including 3 women employed in Departmental Undertakings & Public Sector Undertakings (PSUs) of Central/ State Governments and Private Sector Units employing 500 or more workers. In 2016, 34 workers are from PSUs and ..
Category: Awards, Persons & Places in News
Topics: Awards • Ministry of Labour and Employment • National • PSUs • Shram Awards 2016
DCI and NHAI ink MoU to facilitate supply of sand for highways construction work
Dredging Corporation of India (DCI) and National Highways Authority of India (NHAI) have signed a MoU for facilitating the supply of sand for highways construction work. The MoU aims to fill sand supply gap by facilitating the availability of sand for concessionaires working on highways projects who were facing shortage of sand at many sites. ..
Month: Current Affairs - December, 2017
Category: India Nation & States Current Affairs
Topics: Dredging • Dredging Corporation of India • Highways • National • National Highways Authority of India • PSUs
Government shifts disinvestment advising role to Department of Economic Affairs
The Union Government has transferred the advising role of Department of Investment and Public Asset Management (DIPAM) on utilisation of the proceeds from disinvestment to the Department of Economic Affairs (DEA). This announcement comes after the Union Cabinet approved an alternative mechanism to decide the modalities to do with stake sales in PSUs, so as ..
Month: Current Affairs - January, 2017
Category: India Nation & States Current Affairs
Topics: Business • Department of Economic Affairs • Disinvestment • Economy • Ministry of Finance • National • PSUs
CCEA approves listing of five general insurance PSUs at the stock exchanges
The Cabinet Committee on Economic Affairs (CCEA) has given its ‘in principle’ approval for listing the five Public Sector General Insurance Companies (2016-17) owned General Insurance Companies in the stock exchanges. They are New India Assurance Company Ltd, United India Insurance Company Ltd, Oriental Insurance Company Ltd, National Insurance Company Ltd and General Insurance Corporation ..
Month: Current Affairs - January, 2017
Topics: Business • CCEA • Disinvestment • Economy • Insurance sector • National • PSUs
Union Government gives in-principle approval for strategic sale in some PSUs
The Union Cabinet has given its in-principle approval for strategic sale of over a dozen public sector undertakings (PSUs). This decision was taken based on the recommendation of NITI (National Institution for Transforming India) Aayog’s proposal on disinvestment and strategic sale of sick PSUs. Key Facts The strategic disinvestment of such public sector units with ..
Month: Current Affairs - October, 2016
Topics: Business • Cabinet Decisions • Disinvestments • Economy • National • PSUs • Strategic Disinvestment