Govt pumps in Rs 7,128 cr for PSU revival

The government has provided Rs 7,128.54 crore for reviving 15 sick Public Sector Enterprises (PSEs), the Minister of State for Heavy Industries and Public Enterprises Arun Yadav said. “Based on the recommendations of the BRPSE (Board for Restructuring of Public Sector Enterprises), revival or restructuring of 15  Public Sector Enterprises  has been approved,” the minister told Rajya Sabha in a written reply. Some of the PSEs that received large amounts of funding from the government are Cement Corporation of India Ltd , Heavy Engineering Corporation , HMT (MT) Ltd  and Tyre Corporation of India Ltd.

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