Over 300 PSUs may shrink to barely two dozen

The govt may reduce the number of public sector enterprises to just around two dozen, from over 300 at present, following the new policy that focuses on privatisation in non-core sectors, while shutting down loss making state-run enterprises. FM Nirmala Sitharman had identified atomic energy, space, defence, transport, telecommunications, power, petroleum, coal and other minerals and banking, insurance and financial services as strategic sectors.
https://ift.tt/3tEio4m
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3tBFhFO