 "narendra modi")
Five years of the Narendra Modi government have seen a significant rise in the capital outlay for public sector undertakings (PSUs). But as explained in an earlier piece in Business Standard [“PSU resources: Future tense” (February 13)], in spite of the rise in the outlay for PSUs, internal resources generation by these state-controlled enterprises was relatively slow and the government continued to increase its reliance on PSU dividends in these five years.
A key indicator of the government’s engagement with the PSUs is the level of Budgetary support it provides to these enterprises. Even in this respect, the Modi government provided
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