The Tamil Nadu government has chosen Ernst & Young, a multinational consultancy firm, as a consultant for the financial and operational analysis of 50 selected Public Sector Undertakings in the State. The objective is the financial and operational analysis of past and current performances, through annual/quarterly reports, current board notes, medium-term vision statements and the performance trends of the PSUs …
The Narendra Modi government’s decision to bring the Department of Public Enterprises under the Finance Ministry from the Ministry of Heavy Industries & Public Enterprises is indicative of the desire to expedite and facilitate privatization. If the government succeeds in selling public sector undertakings, also called public enterprises and public sector enterprises, it will be a big boost to the …
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