Data crunch: Several PSUs have been running in loss for years
Prime Minister Narendra Modi's government has reportedly started the
process to shut down some loss-making central public sector enterprises
(CPSEs).
(Photo: Reuters)
The central government owns more than 200 companies, many of which have been burning cash for years. Prime Minister Narendra Modi's government has reportedly started the process to shut down some loss-making central public sector enterprises (CPSEs).
>> While the number of profit-making CPSEs declined in 2012/13 to 149 from 161 the previous year,
the number of loss-making companies rose.
Top 10 loss-making CPSEs
CPSE contribution
CPSE employees
(Graphic: Anand Sinha; Research: Niti Kiran)
