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PSU Inc. Ministry Headquarters Sector Group Ratna status; 1 Agriculture Insurance Company of India: 2002 Ministry of Finance: New Delhi: Services Insurance Services 2 AI Engineering Services: 2006 Ministry of Civil Aviation: New Delhi: Services Aircraft Maintenance 3 Airline Allied Services Limited: 1996 Ministry of Civil Aviation: New Delhi ...
The S&P 500 is a stock market index maintained by S&P Dow Jones Indices.It comprises 503 common stocks which are issued by 500 large-cap companies traded on the American stock exchanges (including the 30 companies that compose the Dow Jones Industrial Average).
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 defined areas. [ 11 ] Since financial year 1991-92 to 2017-18 the Government of India sold public assets totalling ₹3,47,439 Crore.
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.
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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.
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The share of the bank sector held by the public banks continued to grow through the 1980s, and by 1991 public sector banks accounted for 90% of the banking sector. A year later, in March, 1992, the combined total of branches held by public sector banks was 60,646 across India, and deposits accounted for ₹1,10,000 crore.