India News | 96 CPSEs Incorporated Since 2014
Get latest articles and stories on India at LatestLY. The Union government has incorporated as many as 96 CPSEs since 2014, with the maximum headquartered in Delhi, as per official data.
New Delhi, Apr 17 (PTI) The Union government has incorporated as many as 96 CPSEs since 2014, with the maximum headquartered in Delhi, as per official data.
As many as 69 of these Central Public Sector Enterprises (CPSEs) have their registered offices in Delhi.
The list includes Air India Assets Holding Ltd (AIAHL), set up in 2018 as a precursor to Air India's sale to hold non-core assets and liabilities of the erstwhile national carrier.
Besides, BSNL Tower Corporation (2018), Concor Last Mile Logistics Ltd (2020), ITPO Services (2020) and India International Convention and Exhibition Centre Ltd (2020) are included in the list.
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Also, NTPC Renewable Energy Ltd (2020), NSIC Venture Capital Fund Ltd (2020), Rajgarh Transmission Ltd (2020) and Sagarmala Development Company Ltd (2016) were set up in the last eight years, as per finance ministry data.
While three CPSEs were incorporated in Chhattisgarh and Uttar Pradesh each, four, including Deoghar Airport Ltd, were registered in Jharkhand.
Five CPSEs were incorporated in Karnataka, three in Kerala, two each in Maharashtra, Odisha and West Bengal, and one each in Punjab and Telangana.
As per the data, there were 256 operational CPSEs as on March 31, 2020. These include 171 profit-making and 84 loss-making companies.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)