The propaganda by the vested interests that the Central PSUs are inefficient and are mostly loss-making is exposed as incorrect and ill motivated.While answering a question in the Parliament on Thursday, 11th August, Praful Patel, Minister for Heavy Industries and Public Enterprises told the house that in 2009-10, 158 PSUs earned profit while another 59 PSUs posted loss. More than 70% of the PSUs are earning profit, despite the anti-PSU policy of the Government.
158 PSUs earned Profit, 55 posted loss in 2009 – 10
12 Friday Aug 2011
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