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Centre to rate PSUs on capital mgmt, investor concalls among new parameters

PSUs also have to comply with asset monetisation targets set collectively by their administrative ministry

PSU, Privatisation
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Illustration: Ajay Mohanty

Nikunj Ohri New Delhi
The number of times public sector undertakings (PSUs) have held conference calls with investors, their capital management, and debt financing are among the parameters that the Centre will use to judge their performance for the first time, a senior official in the know said.

The government will evaluate PSUs for FY22 based on new parameters that were finalised by the Department of Public Enterprises (DPE) in consultation with the Department of Investment and Public Asset Management (DIPAM) last year, the official said.

The government had included more conditions in the memorandum of understandings (MoUs) — used to set annual targets — that

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