Time­lines in the Works to List All Profit- Mak­ing PSUs

The Economic Times - - Economy: Macro, Micro & More -

With just six PSUs listed in eight years, the gov­ern­ment plans to fix strict time­lines for all profit-mak­ing, large and medium sized state-owned firms to launch IPOs and list on stock ex­changes. The gov­ern­ment is clear in its ap­proach of get­ting all profit-mak­ing cen­tral pub­lic sec­tor en­ter­prises (CPSEs) listed in a time-bound man­ner to open them up for pub­lic scrutiny and higher trans­parency, DIPAM sec­re­tary Neeraj Gupta said. He said, CPSEs should set their house in or­der by meet­ing all list­ing re­quire­ments like au­dited ac­counts and fully con­sti­tuted board.

NEW DELHI

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