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CPSES SPENDING
Asia heat waves spell double trouble for economies hit by oilAsia faces a new inflation threat from El Niño as rising temperatures and dry weather are all set to increase food costs. This comes on top...- Capex by big CPSEs, 4 key government entities surges 62% in MarchCapital spending by these CPSEs and Railway Board, National Highways Authority of India (NHAI), Delhi Metro Rail Corporation and Damodar Va...
- CPSEs, Railways, NHAI, DMRC maintain capex momentum, spending nears ₹6.7 Lakh crorePublic sector companies and four major government bodies maintained their capital spending this fiscal year. Their expenditure reached ₹6.6...
- Capex by CPSEs, four key government agencies declines 23% y-o-y in JulyCapital expenditure by large central public sector enterprises moderated in July, declining 23% year on year to ₹53,406 crore, attributed p...
- CAG flags governance issues among central public sector enterprisesThe CAG flagged corporate governance lapses in CPSEs, noting that 26 of 71 listed firms had improper board composition, 55 lacked independe...
- CPSEs, 4 govt entities' capex up 25% in JuneCapital expenditure by major central public sector enterprises and key government bodies surged by 25% in June, reaching ₹62,425 crore, off...
- Report card for 90 CPSEs likely in OctoberThe government plans to assess the performance of 90 Central Public Sector Enterprises in 2024-25. This evaluation will commence in October...
- "Firm-by-firm" review: CPSE dividend may exceed target by 16%India's finance ministry is conducting a detailed review of the dividend policy for central public sector enterprises (CPSEs), anticipating...
- Govt entities' capex may hold steady at Rs 7.8 lakh cr in FY26These CPSEs and government entities have set a total capital expenditure target of Rs 7.85 lakh crore for FY26, almost unchanged from last ...
- PM's Internship Scheme included in common theme for CPSEs CSR spend in FY25The Government has updated the CSR guidelines for CPSEs to include PM's Internship Scheme for 2024-25. CPSEs will spend 60 per cent of thei...
- Finance Minister Sitharaman urges CPSEs to perform better in third capex review meetingSitharaman met with the secretaries of the ministries of defence, shipping, road transport and highways, housing and urban affairs and the ...
- FM pushes CPSEs to achieve capex targetsThe minister asked the secretaries and the CRB to closely monitor the CPSEs’ performance and to chalk out a plan to ensure they spent at le...
- PM Modi asks PSUs to come up with development roadmap in 100 daysCPSEs will now have to come out with a roadmap with "measurable targets" for strengthening state-run cos and promoting development activiti...
- Cost-wary ministries want cheaper air fare for CPSE membersThe estimated expenditure incurred on air travel by members of CPSEs (143 institutions, including 30 CPSEs) during 2014-15 was to the tune ...
- No performance pay for staff of PSUs failing on capex targetsState-run companies that fail to deliver on their capital expenditure plans may not be allowed to distribute performance-related pay to the...
- 41 central public sector enterprises failed to comply with CSR norms in 2012-13: CAGA review of the CSR budget/expenditure by the CPSEs during 2012-13 was conducted in respect of 103 central public sector enterprises (CPSEs...
- Government makes Corporate Social Responsibility spending mandatory for public sector companiesBesides, these enterprises cannot include money spent on sustainable development efforts under the Corporate Social Responsibility (CSR) am...
- Non-utilisation of CSR fund by PSUs unhealthy trend: Parliamentary panel"The committee regrets to note that some of the largest CPSEs in India are not utilising the funds earmarked for CSR activities.
- CPSEs expenses on Uttarakhand relief work to be treated as CSRIn order to encourage state-run PSUs to undertake rehabilitation work in the flood affected areas of Uttarakhand, govt said such expenses w...
- 47 profit-making CPSEs fail to comply with CSR norms: CAGAs many as 47 profit-making CPSEs failed to comply with the Corporate Social Responsibility (CSR) norms prescribed by the government in 201...
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