AMN /
Union Minister for Heavy Industries Anant Geete has called for better coordination among Central Public Sector Undertakings (CPSUs) for the development of the nation.
Speaking at an event in Mumbai Friday, Mr Geete said, there are 290 CPSUs which have a collective surplus of more than 2 lakh crores rupees over the past two years. But there is no coordination between them and so they cannot help each other when funds are required for new projects and nation’s development. The Minister also said his ministry is working towards bringing in coordination between all the CPSUs. 21 out of 32 units under the ministry have been rejuvenated and next year, remaining 11 units will be operationalised again.