TaxTMI 
TaxTMI 
Closure of Public Sector Undertakings (PSUs)
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....losure of Public Sector Undertakings (PSUs) <br>News and Press Release<br>Dated:- 3-2-2017<br><BR>NITI Aayog constituted a committee on Sick/Loss making/Non performing Central Public Sector Enterprise....
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....s (CPSEs) on March 9th 2016. The committee noted that financial performance of 74 CPSEs has been unsatisfactory and a number of these have requested for and received periodic support from budgetary re....
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....sources. Over the years, this has become a significant drain on limited resources of the government. The committee has made the recommendations of closure/winding up of 26 such CPSEs. Under the Centr....
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....al Sector Scheme of DPE i.e. Counseling, Retraining & Redeployment (CRR Scheme) skill development training is providing to CPSE's employees separated under Voluntary Retirement Scheme (VRS)/Voluntary ....
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....Separation Scheme (VSS) (VRS/VSS Optees) to enable them to get redeployment or to take up self-employment. The Scheme has a provision for training of the dependent also in lieu of the VRS/VSS Optees. ....
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.... This was stated by Shri Arjun Ram Meghwal, Minister of State in the Ministry of Finance in written reply to a question in Lok Sabha today.<BR> News - Press release - PIB....