5 non-performing PSUs to be closed!
Posted on: 12/Mar/2015 3:20:06 PM - No. of views : (2411)
The central government has announced that 5 non-performing, weak, and vulnerable Public Sector Units (PSUs) will be closed.
Central Minister for Heavy Industries, Mr. Anand Heethe, while answering a question in the parliament, informed that the government has made a list of public sector units operating in loss.
As per this list, there are 65 PSUs which have not been performing well.
Air India & MTNL are also found in this list.
HMT (Hindustan Machine Tools), which manufactures watches and tractors is included in the list of 5 PSUs proposed to be closed.
It is notable that Hindustan Photo Films in Ooty is also among this list.
