DPE brings out 60th annual Public Enterprises Survey 2019-20

Source: PIB What is the News? The Department of Public Enterprises (DPE), Ministry of Finance has released the Annual Public Enterprises Survey 2019-20. Brief history of the Public Enterprises (PE) survey: The Estimates Committee in its 73rd Report (2nd Lok Sabha) in Financial Year 1959-60 recommended that there should be a detailed report highlighting the… Continue reading DPE brings out 60th annual Public Enterprises Survey 2019-20

Public sector enterprises to get 12 months to sell non­ core assets

Central Public Sector Enterprises(CPSEs) has been given 12 months to monetise non-core assets failing which the finance ministry may restrict budgetary allocations to the companies.Non-core assets are assets that are either not essential or simply no longer used in a company’s business operations. Earlier,Department of Investment and Public Asset Management (DIPAM) had issued the guidelines… Continue reading Public sector enterprises to get 12 months to sell non­ core assets