Latest Public Sector Enterprises News & Updates

New Delhi, Feb 5 (IANS) Prime Minister Narendra Modi, replying to the Motion of Thanks to President’s rule in Rajya Sabha on Thursday, contrasted the drastic change brought in key sectors, including banking, NPAs, Public Sector Enterprises (PSUs), driven by the reforms undertaken by his government. Reiterating the NDA government’s resolve to “reform, perform and transform”, PM Modi said that a slew of reforms were initiated after 2014, and this resulted in flourishing growth in various secto…

New Delhi, Jan 11 (IANS) Apex business chamber CII, in its proposals for the Union Budget 2026–27, has urged the Central government to mobilise resources through a calibrated approach to privatisation to unlock the value of public sector enterprises.Chandrajit Banerjee, Director General, CII, said, “India’s growth story is increasingly being powered by private enterprise and innovation. A forward-looking privatisation policy, aligned with the vision of Viksit Bharat, will enable the govern…

New Delhi, Dec 25 (IANS) Apex business chamber CII on Thursday proposed a four-pronged fiscal strategy ahead of the Union Budget 2026-27 that includes debt stability, fiscal transparency, revenue mobilisation and expenditure efficiency.According to a CII statement, at the core of the roadmap is adherence to the government’s debt glide path targeting 50 per cent (plus or minus 1 per cent) of GDP by FY31. Maintaining Central debt at roughly 54.5 per cent of GDP and the fiscal deficit at 4.2 per …