he Government has already delegated financial and operational powers to the Boards of Navratna Central Public Sector Enterprises (CPSEs) in the areas of capital expenditure, investment in joint ventures/subsidiaries, human resources management, entering into technology joint ventures or strategic alliances, etc. in order to provide flexibility in decision making so as to enable these CPSEs to improve their competitiveness and performance.
Union Cabinet has given permission to Central Public Sector Enterprises, CPSEs, to initiate negotiations with their workmen for the 8th round of wage revision. Finance … [ Read more ]
Minister of State in the Ministry of Heavy Industries and Public Enterprises Shri Babul Supriyo has conveyed that Central Public Sector Enterprises (CPSEs) are … [ Read more ]
NITI Aayog constituted a committee on Sick/Loss making/Non performing Central Public Sector Enterprises (CPSEs) on March 9th 2016. The committee noted that financial performance … [ Read more ]
As the government looks to raise Rs 20,500 crore from strategic sales of public sector units (PSUs), NITI Aayog has identified 22 undertakings.It is … [ Read more ]