Union Finance Minister Nirmala Sitharaman on Thursday advised public sector enterprises to improve professionalism, reduce expenditure and consider working with private sector entities. Sitharaman said this during an event organized as part of the Azadi Ka Amrit Mahotsav celebrations.
Finance Minister Sitharaman addressed heads of various Central Public Sector Enterprises (CPSEs) at Mahatma Mandir in Gandhinagar after inaugurating a mega exhibition on the contribution of state-owned companies to nation-building. He said that now is the time for the PSUs to show that they are very keen to improve their professionalism as much as you have done between 1991 and now.
Referring to the new PSE policy announced in 2021, the Finance Minister said that the public sector undertakings should be aware of competition from the private sector to whom the government has opened up strategic sectors. After 1991, PSEs started competing with private sector entities. Sitharaman termed the economic reforms introduced in the country in 1991 as a game-changer. The exhibition titled 'Nation Building and CPSEs', which will open on June 10, has stalls of around 75 central government companies like Coal India, GAIL India, NTPC, Steel Authority of India Limited, and Indian Oil Corporation Limited.
Also Read: RBI Governor Shaktikanta Das said, there will be strict rules for digital lending platforms
Rozgar Mela: On November 22, PM Modi will give 71,000 appointment letters, confirming jobs will be available in many departments of the Center
On Tuesday, appointment letters for confirmed jobs will be issued to 71,000 youths simultaneously by the central government. Prime Minister Narendra Modi will give appointment letters to the
Impact of Truss's resignation on India-UK trade: Union Minister Piyush Goyal said - Will wait for the new PM, and only then will take forward the trade deal
British Prime Minister Liz Truss resigned on 20 October. She could not get the India-UK Free Trade Agreement (FTA) done during her 45-day tenure. On this, Indian Union Minister Piyush Goyal said that
Himachal Pradesh: Natural disaster wreaks havoc in Himachal, the rescue of 780 people from flood-affected areas in Kangra
Natural calamity has created havoc in Himachal Pradesh. As many as 1,220 roads were closed in Mandi, Shimla, Kullu, district Sirmaur and other affected areas. Due to this, more than two thousand
America bluntly to China on military exercise: Said- this is our mutual matter, what do you mean by this?
America has responded to China's displeasure expressed over the ongoing exercise with India. Elizabeth Jones, in charge of US affairs in India, has spoken of being with India in this matter. She said,
Bro Movie Review: Pawan Kalyan's BRO released in theatres, do not miss these five films of Power Star
Pawan Kalyan BRO releases In Cinemas: The big name of the Telugu film industry 'Pawan Kalyan' never disappoints his audience. On July 28, his film 'Bro' hit the theaters.
Operation Kaveri: Indians who returned from Sudan said - the fighting is still going on there, returning home is like a miracle
Sudan's violent struggle for power between armed forces has reached a critical juncture. A 72-hour ceasefire between the conflicting army and paramilitary forces ends at midnight on Thursday.
PM Modi said – India is preparing modern digital infrastructure, and money is directly reaching the account of the poor through JAM
Prime Minister Narendra Modi on Tuesday said India is building a modern digital infrastructure and ensuring that the benefits of the digital revolution reach all. During this, he also talked about the
Suryakumar Yadav jumps 44 places in ICC T20I rankings, reaches top-5 for the first time
In the ICC T20I Rankings, Indian batsman Suryakumar Yadav has made his place in the top-5 of the batsmen's list for the first time with a long jump. Suryakumar, who recently scored a century in T20
5 people died, 6 injured, 3 in critical condition due to lightning in Mahasamund, were planting paddy in the field
There are frequent incidents of lightning (Gaj) falling in Chhattisgarh. On Friday, 5 people were killed in Mahasamund district. The dead include 2 girls and 3 women. 6 women have suffered burns, out
Re-Name monkeypox: Panic in New York due to monkeypox, WHO demands change of name
The fear of monkeypox is increasing in front of the world battling the corona epidemic. New York has the highest number of patients in America. Because of the growing panic, the Health Commissioner of