11 PSUs Make Loss, Reveals Kunhalikutty

Published: 04th December 2015 03:00 AM  |   Last Updated: 04th December 2015 03:04 AM   |  A+A-

THIRUVANANTHAPURAM: Industries Minister P K Kunhalikutty told the Assembly on Thursday that 11 out of the 23 profit-making public sector undertakings (PSU) during the previous LDF government were at present in loss. 

He also said that Kerala Minerals and Metals Ltd had incurred loss in the last fiscal.  He also mentioned that 30 of the state public sector undertakings were in loss. He added `173.30 crore had been spent on land acquisition for the Smart City project.


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