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CBDT to allow PSUs to carry forward losses before divestment
The statement said that in due course of time, necessary legislative amendments for the above decision shall be proposed
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SAIL aims at reducing net debt to Rs15,000-20,000 cr in FY22
SAIL had decreased its net debt by Rs 16,131 crore to Rs 35,350 crore during the 2020-21 financial year
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Independence from PSUs for the taxpayer
The increasing role of private sector after 1991 should have served as a signal to the govt to gradually exit from managing public enterprises
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Divestment in three PSUs to precede mega IPO of LIC
Mishra Dhatu Nigam, National Fertilisers and Rashtriya Chemical & Fertilizers are three PSUs in line
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HDFC Mutual Fund's Prashant Jain on D-Street movements
He said the Indian economy is better-placed to handle post-Covid woes and it is not a fair perception that PSUs are perpetual wealth destroyers
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Inflation targeting has worked well, Centre must stay with it: Former RBI Governor D Subbarao
D Subbarao said the government's proposal to privatise some PSUs is not akin to selling family silver but it is a route for putting India on a sustain
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PM Narendra Modi says government has no business to be in business
"It is government's duty to support enterprises and businesses. But it is not essential that it should own and run enterprises," he said
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FM Nirmala Sitharaman rejects Opposition charge of ‘selling family silver’; says govt wants some PSUs to do well
She said the government wants few public sector enterprises in specified sectors to do well, so that "we can ensure that taxpayers money is spent wise
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Private placement of debt issuance hits all-time high of Rs 7.77 lakh cr in 2020: Report
The largest mobilisation through private placements of debt during the year was by HDFC at Rs 57,813 crore, followed by REC at Rs 53,946 crore, NHAI a
