Business Standard

FM Sitharaman holds second review meet on capex spending of CPSEs

The combined capex target for these 7 CPSEs is Rs 24,663 crore for for FY 2020-21

Nirmala Sitharaman
Premium

While mentioning the significant role of CPSEs in giving a push to the growth of the Indian economy, the Finance Minister encouraged the CPSEs to perform better to achieve their targets

ANI
Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Thursday held a video conference with Secretaries of the Ministries of Civil Aviation, and Steel, and the Railway Board Chairman, along with the CMDs of seven Central Public Sector Enterprises (CPSEs) belonging to these Ministries, to review the capital expenditure in current Financial Year (FY).

This was the second meeting in the ongoing series of review meetings that the Finance Minister was conducting with various stakeholders to accelerate the economic growth in the background of Covid-19 pandemic.

The combined capex target for FY 2020-21 for these 7 CPSEs is Rs 24,663 crore.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 24 2020 | 12:54 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com