IN LINE WITH the policy to give more operational freedom to central public sector enterprises (CPSES), the government is considering giving more autonomy to such entities to make investment decisions of up to 60% of their net worth, from up to 40% now, without Cabinet approval in projects, downstream companies or joint ventures (JVs).
However, the changes will likely apply to CPSEs in the strategic sectors such as power, petroleum, coal and other minerals. The move may further the country's energy and critical mineral security as CPSEs in these sectors are likely to be encouraged to acquire assets overseas.
Diese Geschichte stammt aus der September 16, 2023-Ausgabe von Financial Express Mumbai.
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Diese Geschichte stammt aus der September 16, 2023-Ausgabe von Financial Express Mumbai.
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