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GOVERNMENT DIRECTIVE CPSES
PSU closure: Govt sets in motion new move after years wasted in stop-start processThe Centre is pushing ministries to accelerate the closure of unprofitable state-owned companies. Progress has been slow despite a policy a...
Finance Ministry cracks down on contractor wage delays with new procurement rulesGovernment contracts now require adherence to labour laws. Firms failing to pay wages or deposit social security contributions face debarme...
Finance ministry links government procurement with labour law complianceAn office memorandum dated May 8, 2026, issued by the procurement policy division of the department of expenditure to all central ministrie...
Maharatnas & Navratnas told to chalk out succession plansThe govt has instructed Navratna and Maharatna CPSEs to create succession plans for key managerial roles, aiming for seamless leadership tr...
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...
Government wants CPSEs to exit loss-making state-level entitiesIt is set to review these investments as part of a restructuring exercise to ensure that these CPSEs are not saddled with unrelated venture...
Govt preparing list of profit-making arms of CPSEs for listingCurrently, profit making CPSEs with a minimum net-worth of Rs 500 crore are listed on the exchanges.
PSUs should initiate process of appointing independent directors: Parliamentary panelAt present, the process is initiated by the administrative ministry, and involves six layers leading up to the approval of the Appointments...
Govt to list all profit-making PSUs within 2-3 yearsThe government is very clear in its approach of getting all profit making central public sector enterprises (CPSEs) listed in a time-bound ...
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.
CAG audit states that CPSEs did not issue bonus sharesIn its audit report, the CAG has noted that in case of eight CPSEs, managements are yet to amend Articles of Association to provide for buy...
Government tells CPSEs to enrol employees under AadhaarThe government has directed all central public sector enterprises (CPSEs) to ensure that their employees are enrolled under the Aadhaar sch...
Government suffers a shortfall of Rs 2,555 crore in dividend income from CPSEs in 2013-14CAG has pointed out that the government had to suffer a shortfall of Rs 2,555 crore in dividend income from central public sector enterpris...
- PSUs asked to implement minorities' sub-quota in hiring
The Department of Personnel and Training has already notified the decision taken by the Cabinet on December 22.
- Government CPSEs to park 60% surplus funds with PSU banks
The government on Tuesday asked the central public sector enterprises to park at least 60 per cent of their over Rs 1,00,000 crore of surpl...
- PSU department faults directive on bank deposits
The department of public enterprises (DPE) has sought a clarification from the finance ministry on its recent directive asking all central ...
- PSUs may be punished for missing targets
Central public sector enterprises (CPSEs) that miss annual targets should now brace to face the music.