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Centre mulls closure of PSUs up for sale

The Union government may consider the closure of central public sector units (PSUs) even if they have been approved

Centre

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  21 Sep 2020 7:33 AM GMT

NEW DELHI: The Union government may consider the closure of central public sector units (PSUs) even if they have been approved for strategic disinvestment on a case-to-case basis.

In a written reply to a question in the Lok Sabha, Minister of State for Finance Anurag Thakur said that the government follows a policy of closure of centre public sector enterprises (CPSEs) in terms of the approved revised guidelines dated June 14, 2018 issued by the Department of Public Enterprises (DPE).

"The government may consider the closure of the CPSEs even in cases earlier approved for strategic disinvestment on a case to case basis," Thakur said, adding that the guidelines issued by the DPE on the closure of CPSEs addresses the concerns regarding the employees and assets. (IANS)

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