He said the COVID-19 pandemic is influencing CPSE results.
“Under the Ministry of Heavy Industries, there are 15 CPSEs in operation, and the other 28 CPSEs are in various stages, such as closure / liquidation / national company courts,” he informed Rajya Sabha.
The minister said two CPSEs have been profitable and four have been non-profit since 2014.
In another response, the ministry’s controlled enterprises’ production was affected by pandemics, domestic / global supply chain disruptions, frequent factory operations disruptions, and local containment measures. ..
10 CPSEs Report Profit in 2020-21: Minister of Heavy Industries
Source link 10 CPSEs Report Profit in 2020-21: Minister of Heavy Industries