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Investment by PSUs.



The Board of Directors of Central Public Sector Enterprises (CPSEs) take decisions as per the delegated powers to invest funds  based on their investment needs and in line with their approved business plans with the approval of the administrative Ministry/ Department/ Expenditure Finance Committee/ Cabinet Committee on Economic Affairs wherever required.
Department of Public Enterprises does not maintain the data centrally on the funds invested by various PSUs in foreign projects.

    This information was given by Minister of  State in the Ministry of  Heavy Industries  and Public Enterprises Shri Babul Supriyo in reply to a written question in the Lok Sabha today.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, March 21 2017. 00:20 IST