Central Public Sector Enterprises

The sale of 3.5 per cent of its stake in the LIC through an IPO brought the govt Rs 20,516.12 crore as receipts

The capex spending of these public sector undertakings is being reviewed by the Prime Minister's Office regularly

The government has so far garnered Rs 36,835 crore, which is 92 per cent of the Budget estimate of Rs 40,000 crore

Petroleum CPSEs and National Highways Authority of India (NHAI) have so far driven the capex among CPSEs

But headcount of regular employees has continued to decline in FY22

The CAG recommended that these CPSEs should discontinue reimbursement of "running and maintenance" expenses of vehicles as it violates DPE guidelines

During the same period a year ago, CPSEs were able to exhaust only 44.78 per cent of the full year target

The number of CPSEs registered on the RXIL platform is 110, whereas more than 50 CPSEs have registered on the M1xchange

Among other key criteria, the MoU has now assigned 2 marks out of 100 for procurement from GeM portal as percentage of total procurement

The govt needs to act quickly to capitalise on the assets of such enterprises

According to the report, the number of women employees in CPSEs declined 9.5% to 80,525 in FY21 when pandemic hit the economy

Providing impetus to privatisation, cabinet recently empowered the boards of the CPSEs to privatise, disinvest or close their subsidiaries and sell stakes in JVs

The total gross revenue of 255 operating CPSEs during FY21 was Rs 24.26 trillion as against Rs 24.58 trillion in the previous year, showing a decrease of 1.30%

The move will enable the CPSEs to import freely the four categories of goods from any country, including China, which heavily dominates the renewable energy supply chain

TeamLease and JustJobs Network report notes that instead of around 125,000 apprentices, CPSUs have only 41,250 on board

Experts say lockdown and near stalling of business may have prompted the decline

The finance ministry has barred public sector enterprises from bidding for other Central Public Sector Enterprises (CPSEs) which are on the block for privatisation

Tata group companies jump ahead of CPSUs in market capitalisation race; Valuation question holds up SPV for land, asset monetisation of PSUs. Read more on today's top headlines

Total number of CPSEs has not been trending down

The government has received Rs 566 crore as dividend tranches from three CPSEs, a top official said on Thursday.