60 central public sector enterprises identified for privatization or closure

60 central public sector enterprises identified for privatization or closure: As the government begins to implement the new public sector enterprises (PSE) policy in the 'non-strategic sectors,' as many as 60 central public sector enterprises (CPSEs) under the ministries of fertiliser, textiles, chemicals and petrochemicals, pharmaceuticals, and commerce are likely to be on the initial list of firms for privatisation or closure. According to sources, there are about 175 CPSEs in the non-strategic sector, one-third of which will be closed and the rest will be pr      Read More