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.