Nirmala Sitharaman stated that there is a need for a coherent policy where all sectors are open to private sector participation while PSU's play an important role in defined areas. In recent years, certain public sector undertakings performed reasonably well and paid significant dividends to the government,  whereas other PSU's such as Air India , BSNL , and MTNL made huge losses, costing the taxpayer massive amounts of money.
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Of this, Rs 1. As of July 23, , the total amount sanctioned under the per cent Emergency Credit Line Guarantee Scheme by public and private sector banks stands at Rs 1,30, Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates. Nirmala Sitharaman, in a conversation with Hero Enterprise Chairman Sunil Kant Munjal, said the government as part of the Aatmanirbhar Bharat package had announced opening up of all sectors for private participation.
Stock Market. RBI asks banks not to approve proposals of foreign law firms to open branch office in India. Lockdowns will slow recovery; business resumption remains concerning: Nomura. Britain on track for spring roll-out after Oxford vaccine results, researcher says.
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