In order to sustain in their role of promoting and developing infrastructure it is imperative that the PSUs infuse state-of-the-art technology related to their lines of business while also making sufficient investments in refreshing them at regular intervals
Tag: PSUs
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Captive port policy
Union Minister of Shipping, GK Vasan informed that as per existing Captive Policy, cases where 100 per cent captive facilities (land or waterfront) including captive oil jetties,
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Fourth CMD in 2 years
Quick turnovers are not the salient feature of a vibrant economy alone, it seems. Rural Electrification Corporation (REC) has seen turnovers of a different kind: four CMDs in two years. Rajeev Sharma takes over the reins from HD Khunteta who took over from JM Phatak only in May last year for a period of Ć¢ā¬Åthree months or until further ordersĆ¢ā¬Ā. He served for seven months, while Phatak was CMD for less than a year.
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Public procurement: Reforms to make procurement professional
Public procurement has been under scrutiny because it is suspected for poor material quality and corruption. Vinod Dhall explains how a new department in the making, hopes to clean up and bring about systemic reforms in public procurement.
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RSMML to foray into CGD
Rajasthan government owned mining company Rajasthan State Mines and Minerals (RSMML) is firming up plans to foray into city gas distribution (CGD) business.
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Annual subsidy for PSUs
Due to the deteriorating performance of PSUs, the department has revived its proposal for the merger of BSNL and MTNL.
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The $50 billion question: Is equipment manufacture ready for Defence Sector?
The newly unveiled Defence Production Policy focuses on increasing private participation in defence equipment manufacture. Although not a new practice, the policy could mean a major boost to indigenous equipment manufacture.
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