News Govt to shut down 65 PSU including MTNL, Air India & HMT

IndianMascot

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NinadG

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There is no plan to shut down loss-making telecom company MTNL and the government is taking various measures to revive it, union minister for communications and information technology Ravi Shankar Prasad said on Thursday.

His comments follow heavy industries minister Anant Geete’s statement in Parliament two days ago that five public sector undertakings (PSUs) which are in a list of 65 sick PSUs would be closed down.

The list of sick PSUs include MTNL, Air India and Hindustan Shipyard. The five PSUs to be closed down include three HMT units, Geete had said. He, however, did not name the other PSUs which are slated to be shut. “There is no plan to close down MTNL,” Prasad said when asked if MTNL is among the probable PSUs that would be shut down.

Read more at: http://www.livemint.com/Page/Id/2.3.1005249023?utm_source=copy
 
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