Turnover in Central Public Sector Enterprises Increased by 23%

INDIACSR News Network

NEW DELHI: Gross revenue or  turnover from operating Central Public Sector Enterprises (CPSEs) have been robust during the last two years.

psu-mainGross revenue of CPSEs increased by 22.96 percent in 2011-12 over 2010-11. As per the Public Enterprises Survey 2011-12, tabled in Parliament recently, the manufacturing sector recorded the highest growth in turnover (27.73%) during 2011-12.

 This was followed by ‘mining’ with a 17.73% growth during the same period. The ‘electricity’ sector registered a 16.17 per cent growth in revenue during 2011-12. The revenue from operations in ‘services’ and ‘agriculture’ sector showed marginal improvement, over the previous year, with a growth of 12.83% and 8.33% respectively during 2011-12.

There was, moreover, much variation from industry to industry. There was significant decline in revenue in CPSEs belonging to industries like medium & light engineering, chemicals & pharmaceuticals and telecommunications services.




Previous articleIndia to Introduce Bill on Mandatory Usage of Generic Names of Medicines
Next articleCoal Production to Increase 795 Million Tonnes During 12th Five Year Plan
India CSR Network
India CSR Network is India's biggest and most trusted news portal in the domain of CSR & Sustainability. India CSR welcomes stories, statements, updates, reports on issues that interest you. Feedback, comments will make it more purposeful and resourceful. It is designed and maintained by India CSR Group. Contents are non-fiction. Though all efforts have been made to verify the accuracy, the same should not be construed as a statement of law or used for any legal purposes. In case of any ambiguity or doubts, readers are advised to verify with the source(s). Statement, articles, views and contributions can be sent to editor@indiacsr.in