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Forget exit, government continues to pump good money into loss-making PSUs

Updated : February 27, 2019 11:54 PM IST

This government has been pumping more equity into the loss makers.
The aggregate profit growth of CPSEs fell from almost 10 percent in 2016-17 to a mere 2.3 percent last fiscal.
Capital employed by these CPSEs continued its year on year rise in 2017-18 despite lower combined profitability growth.
Forget exit, government continues to pump good money into loss-making PSUs

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