New Delhi, Jan. 4 -- Indian Parliament will significantly widen its scrutiny of central public sector enterprises (CPSEs) through the Committee on Public Undertakings (COPU) at a time the government is ramping up its operations in strategic sectors such as nuclear energy and rare earths and opens sunrise sectors to greater private investments, said COPU's chairperson Baijayant Panda in an interview.
The increased parliamentary oversight at a time of policy and operational shifts in India's state-run firms is significant, given that their sales matched around 11.2% of the country' nominal GDP in FY25, with annual turnover of Rs.37 trillion. Also, only 66 of the 291 operational central PSUs were listed on India's stock exchanges.
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