Govt says, total profit of CPSEs, increases by 37.53% in fiscal year 2020-21

Government on Monday said the total profit of Central Public Sector Enterprises, CPSEs has increased by 37.53 per cent in fiscal year 2020-21 in comparison to corresponding year. However, the losses incurred by the CPSEs, has decreased by 29.86 per cent during the same period. The information was given in a written reply by the Minister of State for Finance Dr. Bhagwat Krishanrao Karad in the Lok Sabha. He said, there are 255 operational CPSEs as on 31st March 2021 with a total turnover of 24 la...