Some of the suppliers whose drugs were labelled sub-standard include AMR Pharma India Private Limited, Modern Laboratories, Ravian Life Science and Maxchem Pharmaceuticals.
The delay in release of subsidy by the Centre every year has accentuated its financial stress further.
Companies such as NLCIL, SAIL, IOCL, NTPC, NALCO have all extended relief to the state which hosts several coal mines, power plants, aluminium units, and a large oil refinery.
The government's strategic sale initiative has not taken off well as a few cases that were brought out under the plan failed to attract investors.
It’s the State finances that play a major role in boosting pioneering technology like space missions; but India’s PSUs needs to do more
While TCC, KSDP, KELTRON and KSIDC raised their profits, Malabar Cements and SFIL made losses despite making gains at 2017-18.
The proposal has come with a set of riders that the state will take equity only in those PSUs which can make profit if their debt is converted into equity.
The officers who excel in their domain and meet the target should be given incentives, while those who become a liability to the unit cannot go in this manner anymore, he said.
As per the guidelines, Government and PSU employees, retired persons, income tax payers and farmers with big patches of land holding are not eligible to avail benefits under the scheme.
Public sector firms’ contribution, which includes excise duty, customs duty, Goods and Services Tax, income tax, corporate tax, dividend, fringe benefit tax and deferred tax, fell 2.98 per cent.
A deep dive into the financials of lesser-known state government PSUs, because many are unlisted and are not scrutinised by analysts, paints a telling picture on state of PSUs in the Delhi-NCR area.
When it comes to band-aid economics and accountancy, governments are at their creative best.
Congress President Rahul Gandhi used the report to attack the government, saying demonetisation converted black money into white and Rs 3.16 lakh crore of loans were written off.
The move follows a study commissioned by the Department to identify gaps in the working of the central public sector enterprises (CPSEs) and recommend measures to revitalise them.
Last month, the Parliamentary Standing Committee on Finance met finance ministry officials to respond to queries on recent bank frauds and mounting NPAs.