Home / Companies / News / FM meets heads of 23 CPSEs, discusses need of timely capex for growth

FM meets heads of 23 CPSEs, discusses need of timely capex for growth

The combined capex target of these 23 CPSEs for the year 2020-21 is Rs 1,65,510 crore

Premium

The meeting was held as part of the series of meetings that the finance minister is having with various stakeholders to accelerate economic growth

Press Trust of India New Delhi

1 min read Last Updated : Jul 07 2020 | 7:48 PM IST

Finance Minister Nirmala Sitharaman on Tuesday met CMDs of 23 CPSEs and emphasised the need for timely capital expenditure (capex) to give a boost to economic growth.

The combined capex target of these 23 Central Public Sector Enterprises (CPSEs) for the year 2020-21 is Rs 1,65,510 crore.

"Finance Minister Smt. @nsitharaman held meeting through VC with Secretaries and CMDs of 23 CPSEs of @PetroleumMin , @MinOfPower , @CoalMinistry, @MinesMinIndia and Dept. of Atomic Energy, to review capital expenditure in this financial year," the finance ministry tweeted.

The meeting was held as part of the series of meetings that the finance minister is having

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