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PSUs’ net worth rose from Rs 9.5 trillion to Rs 17 trillion

PSUs’ net worth rose from Rs 9.5 trillion to Rs 17 trillion

The central public sector undertakings (CPSEs) had gained in strength over the last decade, with “most of them giving record returns (dividends and rise in valuation)” to the stakeholders ;The market capitalisation of listed CPSEs and government banks/financial institutions increased fourfold from Rs 9.5 trillion in January 2021 to Rs 38 trillion now.

Prime MInister Shri Narendar Modi mentioned in the Rajya Sabha during replying on thanks motion on Presidenial address.

The number of PSUs has increased from 234 to 254 since 2014: PM ;net profit of PSUs have jumped to over Rs 2.5 lakh crore now against Rs 1.25 lakh crore in 2014; Money  Control/ Business Today

PM i says PSUs net worth soared 78% since 2014, The net worth of PSU companies has surpassed Rs 17 lakh crore;

 

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