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Government of Arunachal Pradesh (joint venture, Government of India sold its stake to the Government of Arunachal Pradesh) 13: Madhya Pradesh Ashok Hotel Corporation: 2017: Government of Madhya Pradesh (transferred ownership to the Government of Madhya Pradesh) 14: Hotel Janpath: 2018: Bloom Hotel Group: 15: Bharatpur Ashok Hotel Corporation: 2017
Public Sector Undertakings (PSU) in India are government-owned entities in which at least 51% of stake is under the ownership of the Government of India or state governments.These type of firms can also be a joint venture of multiple PSUs. These entities perform commercial functions on behalf of the government.
Bharat Heavy Electricals Limited (BHEL) is an Indian central public sector undertaking and the largest government-owned electrical/ industrial technology company. It is owned by the Government of India, with administrative control by the Ministry of Heavy Industries. Established in 1956 with the help of Soviet technology, BHEL is based in New ...
MSTC as of 2018 was also in the process of developing an online portal for divestment of state-owned entities through an English auction system. [3] The PSU has its head office in Kolkata, West Bengal; four regional offices in Kolkata, Delhi, Mumbai and Chennai; and branch offices in Chandigarh, Jaipur, Vadodara, Bhopal, Bhubaneswar, Guwahati ...
Public Sector Undertakings (Banks) are a major type of government-owned banks in India, where a majority stake (i.e., more than 50%) is held by the Ministry of Finance (India) of the Government of India or State Ministry of Finance of various State Governments of India. The shares of these government-owned-banks are listed on stock exchanges.
In May 2020, the IRCTC made Aarogya Setu, an app launched by Government of India, to track Covid-19. [47] In May 2020, the app was made mandatory for train travel. [48] In June 2020, the government clarified that downloading the app was optional and not mandatory for train travel after a directive from the Karnataka High Court. [49]
In a 2016 study, Kochi-based think tank Centre for Public Policy and Research stated that Kerala government should take a cue from the disinvestment process initiated at the Centre and initiate it at the State level, as Kerala has the case of large number of PSUs in the state that were closed, as they were not able to withstand the competition ...
The Central Public Works Department (CPWD, Hindi: केंद्रीय लोक निर्माण विभाग) is a department under the Ministry of Housing and Urban Affairs of India and is in charge of public sector works. It serves as the builder, developer and manager of Central government properties.