The Hindu Business Line
Govt to list profit-making CPSE arms
The Finance Ministry is in the process of shortlisting profit-making subsidiaries of CPSEs having a minimum stipulated networth, which can be listed on the stock exchanges, an official said. Currently, profitmaking CPSEs with a minimum net-worth of ₹500 crore are listed on the exchanges. The Department of Investment and Public Asset Management will be consulting administrative ministries and CPSEs before finalising the names of the subsidiaries for the stock exchange debut. In 2017-18, there were 257 operational CPSEs, of which 184 were profit-making. Most of the profit-making subsidiaries of CPSEs are in coal, power and oil and gas sector.