Faced with a revenue crisis, the government has asked wealthy state-owned companies to start paying dividends on a quarterly basis, even as it has demanded a larger share of the profits of all their companies. Aiming for a “predictable and tiered” dividend regime, the government has also told state-owned companies …
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Finance Minister Nirmala Sitharaman on Monday called on officials to ensure that 14 state-owned companies spend 75 percent of their capital outlay for the year by the end of December. This is because the government seeks to keep pace with capital and infrastructure projects in an attempt to soften the …
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NEW DELHI: In a survey conducted on school restrooms built by central public sector companies (CPSE) in government schools, he Controller and Auditor General found that in 75% of cases the toilets were not hygienically maintained, 72% did not have running water, and 30% were not in use due to …
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