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DoPT issues guidelines for “Streamlining the mechanism for revival and restructuring of sick and weak CPSEs

Nov 20th, 2019 1:12 pm | By | Category: LATEST NEWS

As per Public Enterprise Survey 2017-18 laid in the Parliament on 27.12.2018, there were 339 CPSEs functioning in the country including Maharashtra under different Ministries/Departments as on 31.03.2018.

Department of Public Enterprises has issued guidelines on 29.10.2015 for “Streamlining the mechanism for revival and restructuring of sick/incipient sick and weak CPSEs”. As per the guidelines, it is the responsibility of the concerned administrative Ministry/Department to monitor the performance of CPSEs and to take redressal measures by formulating revival/restructuring/disinvestment/closure plans for CPSEs and after obtaining the approval of competent authority, implement the plans.

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