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Reviving up performance of PSUs…

The Public Enterprises Survey tabled in the parliament pointed to the PSUs profit rising by 15.5 per cent during 2018-19. Also, it mentioned IOC, NTPC and ONGC as the PSUs that ranked the top 3 in making profits. MTNL, BSNL and Air India were the PSUs that recorded the most losses. The report showed an increase of 4.67 per cent in income from Central PSUs for 2018-19 of Rs 24 lakh crore compared to Rs 20 lakh crore in 2017-2018. 

MSTC, CPC and STC that earned profits during FY2018 suffered losses in the fiscal year 2019.

Totally there are 348 PSUs, of which 13 are under liquidation or on the verge of closure, 86 under construction and 249 operational.

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