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PUBLIC SECTOR UNDERTAKINGS NEWS

Cabinet approves critical minerals mission with Rs 16,300 crore outlay

January 30, 2025 7:26 am

With Rs 3,000 crore budgeted for the National Mineral Exploration Trust (NMET) and Rs 4,000 crore for the Geological Survey of India (GSI), the NCMM targets 1,200 domestic critical mineral exploration projects till 2030-31.

‘Not for high dividends ... If we suck profits out, PSUs will not be able to invest’: DIPAM Secretary

July 25, 2024 5:10 pm

Talking of PSU dividends, there is a feeling in some quarters that perhaps PSUs are being forced to pay high dividends, because of which they are not able to invest in raising their capacities as much as they should.

Procurement through centre's GeM portal crosses Rs 4 trillion mark in FY24

March 29, 2024 6:02 pm

GeM CEO P K Singh said the procurement has crossed Rs 4 trillion and that the procurement of services from the portal has jumped from Rs 66,000 crore in 2022-23 to Rs 2.05 trillion so far in FY24.

India to leverage US-led Minerals Security Partnership to help PSUs secure critical mineral assets abroad

February 11, 2024 7:36 am

PSUs such as Coal India Limited, NLC India Ltd, and NTPC Ltd, representatives of whom were present at the meeting, have expressed interest in securing lithium, cobalt, and graphite assets overseas.

Education Ministry Recruitment: EdCIL India invites applications for contractual consultants posts

November 22, 2023 9:25 am

EdCIL Recruitment 2023: Eligible candidates can register at edcilindia.co.in by November 28.

Gujarat’s new mandate for state PSUs to boost dividend payouts

April 27, 2023 4:27 pm

This new policy of the state government is in line with the dividend norms followed by the central public sector enterprises (CPSEs).

March 23, 1983, Forty Years Ago: Violence In Punjab

March 23, 2023 7:16 am

One Nirankari was killed, an extremist disguised as a Nihang was drowned while fleeing from the police, and a dozen people were injured in firing and sword attacks by extremists in fresh violence in Kapurthala and Gurdaspur districts of Punjab, according to reports received in Chandigarh.

Solutions to India’s jobs problem lie in creating better regulatory conditions for private sector while protecting rights of workers

August 18, 2022 8:37 am

India has been experiencing persistently high levels of joblessness for the past few years. Despite a high rate of growth, last year was no different.

Is rescuing an uncompetitive, loss-making BSNL a good use of public funds?

July 29, 2022 9:00 am

While BSNL's losses have dipped — in 2020-21, losses fell to Rs 7,441 crore, down from Rs 15,500 crore in 2019-20 — its revenues have remained flat.

PSU disinvestments: To begin from August; may fetch Rs 22,000 cr

July 07, 2015 1:31 am

In a significant change of strategy, disinvestment department now plans to appoint merchant bankers for managing a basket of PSU stake sales.

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