New Delhi, The government is considering review of cap on NavRatna and MahaRatna PSUs and a concrete proposal in this regard is likely to be put up to the cabinet, said Mr Praful Patel at the ASSOCHAM conference on Public Sector Enterprises held in New Delhi on Friday. This, he said has been necessitated in view of fluctuations in the currencies and need for PSUs to adopt new strategies to acquire assets overseas and leverage their huge intrinsic assets while continuing to fulfill their socio-economic obligations. “PSEs have been an integral part of the economy in its growth and development process. They will continue to focus on what role they may be required to play in future as well,” said the minister. Despite a fast-growing private sector, said Patel, the role of PSEs cannot be undermined as the Indian economy integrates with the global marketplace and the resultant challenges. “They should look at acquiring more assets abroad in future. However, to take PSEs to the next phase of growth, competitiveness and sustainability will be key driver for corporate transformation.” The minister said PSE managements must be strengthened so that they have ...
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Amritsar, January 26 (Doaba News Service)- Perturbed over the lax attitude of the Centre towards the upgradation and expansion of the Rajasansi International Airport at Amritsar and non-implementation of the recommendations made by the high-powered four-member committee of MPs, Amritsar MP Navjot Sidhu has said he would raise the matter in the next session of the Lok Sabha. The four-member panel of MPs, headed by Union Minister MS Gill, comprised of Navjot Sidhu, Tarlochan Singh and Sukhdev Singh Dhindsa. It had made a number of recommendations regarding the upgradation of the airport in April last year. But, according to Sidhu, most of the recommendations were yet to be implemented. “I am not satisfied with the work done so far. I have now resolved to raise the issue in the next session of Parliament and will take up the matter personally with Union Civil Aviation Minister Praful Patel,” said ...
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