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CLOSURE OF CPSES
Cabinet nod to National Land Monetisation Corp for monetisation of surplus landNLMC will be set up as a wholly-owned government of India company with an initial authorized share capital of Rs 5,000 crore and paid-up sh...09 Mar, 2022, 02.56 PM IST- Focused on reducing non-viable PSUs, says Secretary DPE Seema Bahuguna"We focus on strategic disinvestments, as part of which, 19 CPSEs have been brought to closure by now. We are focused on reducing non-viabl...05 Apr, 2019, 07.32 PM IST
- Government looks to pool land holding of loss-making PSUs to monetise assetDepartment of public enterprises (DPE) is making a cabinet note on loss-making firms and their assets.31 Jul, 2018, 06.28 AM IST
- Niti Aayog's oversight panel in the works to fast-track closure of sick CPSEsThese measures are part of the revised guidelines on closure of sick and loss-making CPSEs, said a senior official, who did not wish to be ...03 Jul, 2018, 07.32 AM IST
- Government clears revised norms for time-bound closure of sick PSUsThe guidelines accord first priority to utilisation of land of central public sector enterprises (CPSEs) under closure for affordable housi...06 Jun, 2018, 03.22 PM IST
- After Kairana setback, Cabinet approves Rs 8,000 cr package for sugar sectorThe bailout package can be seen as a direct consequence of BJP's recent loss in Lok Sabha by-poll in Kairana, Uttar Pradesh06 Jun, 2018, 02.23 PM IST
- NITI Aayog may seek closure of seven more sick CPSEsThe Aayog had earlier identified 26 sick central public sector enterprises (CPSEs) for closure, of which 7 received cabinet nod.29 Mar, 2017, 01.04 AM IST
- 'NITI preparing cabinet note for closure of 7 more sick CPSEs'"Cabinet note is being prepared for closure of 7 more sick CPSEs," a senior government official told.28 Mar, 2017, 04.07 PM IST
- Sick PSU units must get reasonable revival chances: Parliamentary panelIn its report, the Department Related Parliamentary Standing Committee on Industry said it is always prudent to keep in mind that CPSEs are...16 Mar, 2017, 10.25 PM IST
- Govt issues norms for time-bound closure of CPSEsThe DPE said the government is concerned about the inordinate delays and extended time taken for closing down sick or loss-making central p...08 Sep, 2016, 04.07 PM IST
- Uniform policy in the works to shut loss-making CPSEsThe new policy will detail a plan for central assistance on loans for payment of salaries, wages and statutory dues to sick companies.23 Aug, 2016, 03.06 AM IST
- Rs 52 crore centre to be set up at Pune for tools industryA Common Engineering Facilities Centre (CEFC) would be set up in Pune at a cost Rs 51.92 crore for tools, moulds and dies industry.31 Dec, 2015, 08.51 PM IST
- Government plans to wind up some sick PSUs: Anant GeeteThe govt is looking to wind up some sick public sector enterprises, minister of heavy industries and public enterprises Anant Geete said on...28 Nov, 2015, 07.08 AM IST
- Govt issues norms for revival of sick public sector unitsGovernment today issued the guidelines for revival and restructuring of ailing and weak Central Public Sector Enterprises.30 Oct, 2015, 08.41 PM IST
- Government decides to shut seven more terminally ill PSUsThe government has approved closure of seven terminally ill public sector units, including HMT Watches, that have incurred a total loss of ...19 Mar, 2015, 06.51 PM IST
- CPSEs total cash and bank balance at Rs 2.84 lakh cr in FY'11The government today said central public sector enterprises have a total cash and bank balance of Rs 2.84 lakh crore as on March 31, 2011.21 Aug, 2012, 07.31 PM IST
- Sick PSUs must revive within 2 yrs of aid or fold upRevival of sick PSUs would now be conditional. The government would consider closure of units that do not show signs of revival within two ...09 Jun, 2007, 01.25 AM IST
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