Home / Economy / News / FM Sitharaman holds second review meet on capex spending of CPSEs

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

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

2 min read Last Updated : Jul 24 2020 | 1:02 AM IST

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.

Topics : Nirmala Sitharaman Capex spending CPSEs

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in