Page-2 of Public Sector Undertakings

Parliament passes Coal Mines (Special Provisions) Bill, 2015

Parliament has passed Coal Mines (Special Provisions) Bill, 2015. It was first passed in Lok Sabha on 4 March 2015 and later in Rajya Sabha on 20 March 2015. This bill will replace the Coal Mines (Special Provisions) second ordinance, ..

Month: 

Union Government launches BIRAC AcE Fund to accelerate growth of entrepreneurs in Biotechnology

Union Government on 19 March 2015 launched Biotechnology Industry Research Assistance Council (BIRAC) AcE Fund to accelerate growth of entrepreneurs in Biotechnology. It was announced by Minister of State (MoS) for Science and Technology (S&T) and Earth Sciences Y.S. Chowdary ..

Month: 

Lok Sabha passes Warehousing Corporations (Amendment) Bill, 2015

The Lok Sabha on 18 March 2015 passed the Warehousing Corporations (Amendment) Bill, 2015. The Bill seeks to amend the Warehousing Corporations Act, 1962. Key facts Statement of Objects and Reasons of the bill states that the Central Warehousing Corporation ..

Month: 

Five sick PSUs to be closed down: Union Government

Union Government has announced that 5 sick public sector undertakings (PSUs) will be closed. It was announced by Union Heavy Industries Minister Anant Geete while replying to a question in the Lok Sabha. The 5 sick PSU that will be ..

Month: 

4 PSUs to set up integrated coal gasification cum fertilizer plant in Talcher, Odisha

4 Public sector undertakings (PSU’s) have signed Joint Ventures Agreements (JVA’s) to set up an Integrated Coal Gasification cum Fertilizer and Ammonium Nitrate plant at Talcher, Odisha. 4 PSU’s are: GAIL India Limited, Coal India Limited (CIL), Rashtriya Chemicals (RCF) ..

Month: