The government has exceeded the revised estimates of collection from disinvestment and dividend combined in the current fiscal at Rs 94,282 crore. The revised estimates (RE) had pegged receipts from disinvestment and dividend at Rs 93,000 crore. In 2022-23, dividend receipts stood at Rs 58,988.34 crore and disinvestment receipts at Rs 35,293.52 crore. Together, the … Read more
Top management of central public sector enterprises and their subsidiaries will be assessed for the performance of their companies in the areas of capital expenditure, asset and land monetisation, and project implementation to determine their salary increase from 2022-23, officials said. Implementation of revised appraisal guidelines means that chairman and managing director as well as … Read more
It took 21 years to state similar objectives on disinvestment. Immense political capital had to be spent by the Atal Bihari Vajpayee government in disinvesting 16 CPSEs before ‘alliance dharma’ got the better of the agenda. Source link
As part of the government’s plan to accelerate economic growth, finance minister Nirmala Sitharaman urged central public sector enterprises (CPSEs) to boost their capital expenditure (capex) and achieve their targets, in a virtual meeting on Tuesday. Sitharaman said CPSEs played an important role in pushing the economy forward while reviewing their performance, adding that a … Read more