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Article: INDIAN GOVT CIRCULATES CABINET NOTE FOR TOP STATE FIRMS SCHEME.
- Article from:
- AsiaPulse News
- Article date:
- July 29, 2009
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NEW DELHI, July 29 Asia Pulse - The Indian government is planning to accord the "Maharatna" tag to profit-making public sector companies providing more operational and financial autonomy, the Rajya Sabha (upper house of India's parliament) was informed on Tuesday.
"The draft Cabinet note in this (according Maharatna tag to CPSEs) regard has been circulated to the concerned administrative ministries/departments for their comments," Ministry of State for Heavy Industry and Public Enterprises Arun Yadav said in a written reply.
The introduction of maharatna scheme is expected to help the larger navaratna central public sector enterprises (CPSEs) to expand ...