India’s Top PSUs 2019
14 Overview of CPSEs in FY18 The Central Public Sector Enterprises (CPSEs), are playing a vital role in the socio-economic development of India. Since independence, the CPSEs have got involved in various industrial and services sectors to help correct regional imbalances as well as generate employment. They also have contributed in improvement of infrastructure, poverty reduction and thereby inclusive economic growth. As the fastest growingmajor economy in the world and aspiring to touch US$ 5 trillion, the role of CPSEs is going to be accentuated in the near future. Overview of PSUs in India Employment by CPSEs Contribution to the Central Exchequer Rs. 3.5 trillion (Decline of 3% y-o-y) Foreign Exchange Earnings of CPSEs Rs. 869.8 billion (Decline of 1% y-o-y) Salaries and Wages by CPSEs Rs. 1.5 trillion (Growth of 12% y-o-y) Real Investment / Gross Block in CPSEs Rs. 19.8 trillion (Growth of 12% y-o-y) Financial Investment in CPSEs Rs. 13.7 trillion (Growth of 10% y-o-y) Dividend Declared by CPSEs Rs. 765.7 billion (Decline of 2% y-o-y) Procurement from MSEs Rs. 242 billion (Decline of 4% y-o-y) Mou Ratings of CPSEs Nearly 30% of 169 CPSEs scored ‘Excellent’ MoU rating in FY18 compared to 26% in FY17 CSR Expenditure by CPSEs Rs. 34.4 billion (Growth of 3% y-o-y) 1.08 million workforce (Excludes contractual and casual workers) TAX ` ` Key Details of CPSEs Source: Public Enterprises Survey 2017-18, Department of Public Enterprises
Made with FlippingBook
RkJQdWJsaXNoZXIy MTI0MjY3OQ==