Guwahati, July 9 -- The Assam Government has shut down four loss-making Public Sector Undertakings (PSUs) over the past decade but has no proposal to privatise any state-owned enterprise, Industries, Commerce and Public Enterprises Minister Bimal Borah informed the Legislative Assembly on Thursday.

Replying to a written question by Raijor Dal MLA Akhil Gogoi, Borah said the closed PSUs are the Assam Minorities Development & Finance Corporation Ltd., Assam Plantation Crops Development Corporation, Assam State Fertilizers and Chemicals Ltd., and Pragjyotish Fertilizers and Chemicals Ltd.

The minister said two of the four PSUs had no employees, while the remaining two had 24 regular employees who were relieved under the Voluntary Retiremen...