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Enterprises Under Construction 49 Delhi Metro Rail Corporation Limited: 1995 Ministry of Urban Development: Delhi: Services Transport Services 50 East North Interconnection Company: 2007 Ministry of Power: New Delhi: Enterprises Under Construction 51 Eastern Coalfields Limited: 1975 Ministry of Coal: Asansol, West Bengal: Mining Coal & Lignite 52
Public Sector Undertakings (PSU) in India are government-owned entities in which at least 51% of stake is under the ownership of the Government of India or state governments.These type of firms can also be a joint venture of multiple PSUs. These entities perform commercial functions on behalf of the government.
Public Sector Undertakings (Banks) are a major type of government-owned banks in India, where a majority stake (i.e., more than 50%) is held by the Ministry of Finance (India) of the Government of India or State Ministry of Finance of various State Governments of India. The shares of these government-owned-banks are listed on stock exchanges.
In strategic sectors with more than 4 PSU's, the government will privatise, merge or consolidate the PSU's under holding companies in order to reduce wasteful administrative costs. Nirmala Sitharaman stated that there is a need for a coherent policy where all sectors are open to private sector participation while PSU's play an important role in ...
In 2002, it was reported that Kerala government have chosen to either restructure or close the loss-making enterprises and has no plan for privatisation. [5] As per CAG report for 2008-2009, Kerala PSUs lack accountability, and needs improvement for imbibing professionalism and efficiency.
Public Sector Undertakings (PSUs) are government owned establishments, which are established and owned by the Government of India or State governments of India.The public sector undertakings are established either by nationalisation or an executive order in case of union government and state government or act of parliament in case of union government and act of state legislature in case of ...
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Share Holding 1: Tamil Nadu Newsprint and Papers Limited (TNPL) 1984: Chennai: Industries: Newsprint, Printing & Writing paper manufacture from Bagasse: State Govt. Undertaking: www.tnpl.com: Presently Government of Tamil Nadu holds 35.32% of Equity shares in TNPL as of 31 March 2012 as per : 2: Tamil Nadu Cement Corporation Limited (TANCEM ...