Image for representation purpose only. | Photo Credit: G. Moorthy Despite a sharp rise in capital spending by the central government, an underwhelming growth in capex by States and a likely drop in investments by central public sector enterprises (CPSEs), could drag India’s overall public sector capex to a multi-year low. “The sharp surge in […]
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Representational photo | Photo Credit: AMIT DAVE The government has received about ₹5,001 crore as dividend tranche from ONGC, taking the total dividend receipt from all CPSEs (central public sector enterprises) so far this fiscal to ₹23,797 crore. “The government has received about ₹5,001 crore from ONGC as dividend tranche,” the Department of Investment and […]
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The State government has issued orders implementing a common framework on pay/wages structure in State-run public sector units, a decision which will also see retirement age in PSUs enhanced uniformly to 60 and the performance-based classification of the units into ‘diamond,’ ‘gold,’ ‘silver’ and ‘bronze.’ ‘’The retirement age of employees of all State PSUs shall […]
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